Serbia purchased over 72 mcm of gas from Azerbaijan

Azerbaijan has supplied more than 72 million cubic meters of natural gas to Serbia since the beginning of 2024, Report informs, referring to Azerbaijan's State Statistics Committee.

According to statistical data, deliveries of Azerbaijani gas to Serbia began in February 2024. From February through December, 72.63 million cubic meters of gas worth $29.151 million were supplied to Serbia.

Deliveries to Serbia accounted for only 0.28% of Azerbaijan's total gas exports. According to statistics, in November alone, Azerbaijan supplied 33.577 million cubic meters of gas to Serbia worth $14.882 million.

These volumes were registered (declared) by the State Customs Committee of Azerbaijan. The State Oil Company of Azerbaijan (SOCAR) and Serbia's Srbijagas company signed a contract on November 15, 2023, for the supply of Azerbaijani gas to Serbia. The contract provides for the supply of up to 400 million cubic meters of gas per year from Azerbaijan to Serbia in 2024-2026 with the possibility of increasing supply volumes in 2027.

Additionally, on September 26, 2024, SOCAR and Srbijagas signed a contract for the purchase and sale of additional Azerbaijani gas to Serbia in the amount of 1 million cubic meters per day for the period from November 1, 2024, to April 1, 2025.