site.btaSerbia Likely to Sign 6-Month Contract Extension for Gas Supplies from Russia - Head of Srbijagas

Dusan Bajatovic, the head of the Serbian gas company Srbijagas, said that the contract for Russian gas supplies, which expires at the end of March, will likely be extended for another six months, Tanjug reported on Tuesday. He said that the price of gas for households will not be changed and that Serbia will have sufficient quantities until the end of the heating season.

Bajatovic reported that Serbia's long-term gas supply contract with Russia is being extended through separate annexes, but that there are many problems with it, such as European sanctions and payment transaction issues, which he described as not easy to resolve.

According to data published by the tabloid Blic, Serbia meets over 80% of its energy needs by importing Russian gas. Since the start of Russia's aggression against Ukraine, Serbia has been trying to establish new gas supply routes. In 2024, Serbia signed a two-year contract with Azerbaijan for up to 400 million cubic metres of gas per year.

In an interview for Blic from late 2025, Vojislav Vuletic, the President of Assembly of the non-profit organization Gas Association of Serbia and Montenegro, said that Azerbaijan can supply 10 to 15% of Serbia's needs. He stated that there is no alternative to Russian gas, because Serbia consumes about 2.5 billion cubic metres per year.

Vuletic stated that it is unrealistic to deliver LNG via Alexandroupolis in Greece or Krk in Croatia due to technical and infrastructure challenges.

In October 2025, Serbian President Aleksandar Vucic told the private television channel Informer that Russia offered Serbia a gas supply contract until December 31. He described this move as disappointing, since his country was looking to sign a long-term contract as early as May 2025, when the ten-year gas contract with Russia expired.

Serbia expects to sign a new annex for gas supplies from Russia at a time when the sale of Russia's majority stake in Serbia's only oil company, NIS, amounting to 56.15%, has not yet been finalized.