Serbia has secured an extension of its current natural gas supply arrangement, with deliveries continuing for an additional three months beyond the end of June, Energy Minister Dubravka Đedović said after talks with Gazprom Chairman Alexey Miller. The discussions resulted in an agreement intended to strengthen supply security and support energy system stability in the coming period.
The extended arrangement is expected to maintain uninterrupted gas deliveries for both industrial consumers and households. Serbian officials highlighted the need to preserve favorable contract conditions, reliable volumes, and flexibility amid volatility in global energy markets. The government described the extension as a key short-term stabilizing factor for the national system.
Banatski Dvor underground storage capacity upgrade
The meeting also addressed strategic energy infrastructure projects, including work on expanding the Banatski Dvor underground gas storage facility. The facility is described as one of Serbia’s most important assets for energy security.
Upon completion, storage capacity is expected to rise from 450 million cubic meters to around 750 million cubic meters. The expansion is intended to improve Serbia’s ability to manage seasonal demand swings and potential supply disruptions.
Both sides reportedly expressed satisfaction with progress on the storage expansion project. The initiative was characterized as a central element of Serbia’s long-term energy security strategy and a critical investment aimed at improving future system resilience.
Serbia-Russia oil and gas cooperation and NIS situation
Discussions further covered broader cooperation between Serbia and Russia in the oil and gas sector, including developments affecting the energy industry. A key topic was NIS, Serbia’s largest oil company, which continues to face uncertainty tied to international sanctions pressure.
Authorities said they are working to identify a sustainable solution that protects domestic consumers and the national economy. Officials reiterated that uninterrupted energy supply, market stability, and protection of end-users remain priorities. They added that households and businesses should not be affected by wider geopolitical tensions.
