Serbia purchases over 35 million cubic meters of gas from Azerbaijan

Azerbaijan has supplied more than 35.3 million cubic meters of natural gas to Serbia since the beginning of 2024, Report informs, citing the State Statistics Committee.

According to statistical data, deliveries of Azerbaijani gas to Serbia began in February 2024.

From February to October of this year, 35,352,330 cubic meters of gas worth $12,984,040 were supplied to Serbia. Deliveries to Serbia accounted for only 0.2% of Azerbaijan's total gas exports.

According to statistics, in October alone, Azerbaijan supplied 3,035,770 cubic meters of gas to Serbia worth $1,369,980.

These volumes were registered (declared) by the State Customs Committee of Azerbaijan.

The State Oil Company of Azerbaijan (SOCAR) and Serbian company Srbijagas signed a contract on November 15, 2023, for the supply of Azerbaijani gas to Serbia. The contract provides for the delivery 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 from 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.