Serbia

Natural gas deliveries to Yugoslavia began in 1978. After the collapse of the Socialist Federal Republic of Yugoslavia (SFRY) a new Russian-Serbian joint venture, Yugorosgaz (50% Gazprom-owned), was established in July 1996 under an Intergovernmental Agreement. Yugorosgaz’s operations include phased implementation of the construction plan for the southern branch of Serbia’s gas pipelines, gasification and gas supply to consumers in southern Serbia, and participation in joint energy projects. This company has been Serbia’s natural gas purchaser since 2007.

On October 13, 2012, Russia and Serbia signed an Intergovernmental Agreement on natural gas supply in 2012-2021, allowing gas supply volumes to be increased to 5 bcm per year. Based on it, Gazprom Export and Yugorosgaz signed a long-term contract for natural gas supply to Serbia until the end of 2021. As at December 31, 2017, a total of around 17.62 bcm of gas had been supplied under the contract with this company, including 2.12 bcm in 2017.

On December 19, 2017, Gazprom Export and Yugorosgaz signed an Addendum to the long-term Agreement on Russian natural gas supplies to Serbia. In accordance with the document, from 2018, annual supply volumes under the current Agreement will be increased from 1.5 bcm to 2 bcm.

Related sections:

Nord Stream 2, Gas Transportation, Storage