Azerbaijan’s SOCAR and Hungary’s MVM ONEnergy have finalized a new gas supply agreement, enabling Hungary to receive up to 800 million cubic meters of natural gas over a two-year period starting 1 January 2026. Hungarian Foreign Minister Peter Szijjarto emphasized that this volume represents a maximum ceiling, with actual deliveries depending on market conditions and […]
Serbia: Russia offers short-term gas deal amid leverage over NIS ownership Read More »
Russia has offered Serbia a short-term gas supply agreement that would last only until the end of 2025, far shorter than the Serbian Government had expected. President Aleksandar Vučić noted that Serbia had anticipated a deal extending at least until May 2026, making the offer a significant setback. Vučić explained that the limited duration was
Serbia secures Russian gas supply extension amidst regional energy challenges Read More »
The current gas supply agreement between Serbia and Russia is due to expire this week, but an annex to the existing contract has been signed to ensure continued deliveries of Russian gas. This extension will enable Serbia to fill its storage facilities in Banatski Dvor and Hungary ahead of the winter season. According to Dušan
Serbia and Russia move closer to finalizing new gas supply agreement Read More »
Following official discussions between the Presidents of Serbia and Russia in Moscow, representatives from Srbijagas and Gazprom have resumed negotiations to finalize a new gas supply agreement, with the current contract set to expire at the end of May. Dusan Bajatovic, General Director of Srbijagas, stated that the new agreement could last for up to
