Azerbaijan, Serbia ink agreement on additional gas supply

  26 September 2024    Read: 652
Azerbaijan, Serbia ink agreement on additional gas supply

Azerbaijan and Serbia have signed an agreement on additional gas supply, Azerbaijan’s Energy Minister Parviz Shahbazov wrote on X, AzVision.az reports.

“We had a fruitful meeting in Belgrade with Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic on expanding our energy cooperation. SOCAR and Srbijagas signed a Purchase and Sale Agreement on additional daily gas supply of 1 million cubic meters, which will cover the period from 1 November 2024 to 1 April 2025,” the minister wrote.

Moreover, Shahbazov noted that the Ministry of Energy of the Republic of Azerbaijan and the Ministry of Mining and Energy of the Republic of Serbia signed a Memorandum of Understanding on green energy cooperation.

On November 15, 2023, the State Oil Company of Azerbaijan (SOCAR) and Serbia's Srbijagas signed an agreement for the supply of Azerbaijani gas to Serbia. Under the agreement, up to 400 million cubic meters of gas will be delivered annually from Azerbaijan to Serbia between 2024 and 2026, with the option to increase volumes starting in 2027.

The delivery of Azerbaijani gas to Serbia began in February 2024.


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