Serbia and Russia have extended their natural gas supply agreement for three months — until the end of this year.
Dušan Bajatović, head of Serbia’s state-owned company Srbijagas, said the document would remain in force on the same favourable terms, European Pravda reports, citing the RTS broadcaster.
Had the parties not extended the term, the agreement would have expired as early as 30 September.
Serbian President Aleksandar Vučić previously discussed the issue with his Russian counterpart Putin and expressed hope that the agreement would be extended.
According to Vučić, this will allow Serbia to continue buying gas at a low price — €318 per thousand cubic metres instead of the market price, which currently stands at €868.
Serbia is heavily dependent on Russian gas. In 2025, a three-year contract for supplies of the fuel came to an end, but Belgrade did not sign a new long-term document. Instead, the country has repeatedly extended the existing document for short periods.
- It was previously reported that Serbia expects to extend its gas supply agreement with Russia after a phone call between Vučić and Putin. Belgrade is seeking to agree a longer-term contract.