Finance

Azerbaijan's gas flows to Serbia suspended, Serbian president says

Published by Global Banking & Finance Review

Posted on January 11, 2025

2 min read

· Last updated: January 27, 2026

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Azerbaijan's gas supply suspension to Serbia affects energy security - Global Banking & Finance Review
This image represents the impact of Azerbaijan's gas supply suspension to Serbia, highlighting the challenges in energy security and reliance on gas imports amid geopolitical tensions.
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BELGRADE (Reuters) - Gas flows from Azerbaijan to Serbia have been halted and it is unclear when they will resume, news agency Tanjug quoted Serbian President Aleksandar Vucic as saying. "I got

Azerbaijan Suspends Gas Supply to Serbia Amid Uncertainty

BELGRADE (Reuters) - Gas flows from Azerbaijan to Serbia have been halted and it is unclear when they will resume, news agency Tanjug quoted Serbian President Aleksandar Vucic as saying.

"I got information from our Azerbaijan brothers and friends that because of force majeure, and problems they have, we as of today cannot count on 1.7 million cubic metres of gas that was coming every day," Vucic told reporters.

Vucic said it was not clear when the gas flows would resume.

"This means that as of today we will start spending gas reserves," Vucic said, adding that he hoped in a month or two gas flows would resume.

In 2023, Serbia, which uses more than 3 billion cubic metres of gas a year, signed a deal with Azerbaijan to purchase 400 million cubic metres of natural gas per year from 2024.

The rest of the gas comes from Russia.

Serbia, which aims to join the European Union, is under pressure to reduce its dependence on Russia for gas and oil.

Following new U.S. sanctions on Russia's oil sector, Russia's Gazprom Neft will be given 45 days to exit ownership of Serbian oil company NIS, which is among the biggest contributors to Serbia's budget.

NIS is majority owned by Gazprom Neft, which holds a 50% stake, and Russia's Gazprom, which holds 6.15% of shares. The Serbian government holds 29.87%, with small shareholders accounting for the remainder.

Bulgaria also said earlier this week that Azerbaijan had suspended contracted gas supply from Jan. 7 until Jan. 11 because of unspecified technical reasons.

The interruption came as BP's Azerbaijan unit said on Friday it had suspended the work of the Shah Deniz Alfa (SDA) platform after detecting a technical issue at the subsea gas condensate export line.

BP did not immediately respond to a request for comment on Saturday about gas exports from Azerbaijan to Serbia.

(Reporting by Ivana Sekularac. Additional reporting by Vladimir Soldatkin. Editing by Mark Potter)

Key Takeaways

  • Azerbaijan has halted gas flows to Serbia due to force majeure.
  • Serbia relies on gas reserves as supply is uncertain.
  • Serbia signed a deal with Azerbaijan for 400 million cubic metres annually from 2024.
  • Serbia is under pressure to reduce dependence on Russian energy.
  • BP's Shah Deniz platform faces technical issues affecting gas exports.

Frequently Asked Questions

What is the main topic?
The article discusses the suspension of gas flows from Azerbaijan to Serbia and its implications.
Why was the gas supply halted?
The supply was halted due to force majeure and technical issues at the Shah Deniz platform.
How does this affect Serbia's energy strategy?
Serbia must rely on gas reserves and is pressured to reduce dependence on Russian energy.

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