natural gas supplies

Serbia Engages in Ongoing Gas Supply Negotiations with Russia

Serbia is actively pursuing negotiations with Russia regarding natural gas supplies, although the Ministry of Mining and Energy has indicated that a long-term contract is not anticipated in the immediate future. Energy Minister Dubravka Đedović Handanović confirmed that discussions with Russian representatives are ongoing, emphasizing that previous agreements have allowed Serbia to benefit from relatively favorable gas pricing. Current pricing mechanisms, which are primarily based on oil-linked formulas with a limited market component, have contributed to price stability for both…