Azerbaijan backed Switzerland and Serbia

Electricity prices across southeastern Europe declined for September 30 delivery as forecasts pointed to stronger wind and solar generation and lower demand, reducing the region’s net import requirement. Italy largely bucked the trend, widening its price premium over neighbouring...

Serbia expects to extend its gas supply arrangement with Gazprom beyond September 30 while Russian deliveries continue. President Aleksandar Vučić said after a call with Russian President Vladimir Putin that an annex should be signed shortly. The extension’s duration,...

Serbia expects construction of its gas interconnector with Romania to begin in early 2027, creating an import route intended to diversify supply and strengthen network resilience. Procurement for the Serbian section is expected to start shortly. Most technical and...