Russian Deputy PM Novak and Srbijagas Chairman Discuss Energy Cooperation Amid Gas Supply Contract Renewal
NATURAL GAS
Russian Deputy Prime Minister Alexander Novak met with Srbijagas Chairman Aleksandar Vulin to discuss energy cooperation as they prepare to renew the gas supply contract, which has been extended only until the first quarter of 2026. Novak emphasized Serbia's vital role as a partner for Russia in the energy sector, while also addressing complications related to U.S. sanctions affecting Russian investments in the Serbian energy company NIS, which is in the process of selling a controlling stake to Hungary's MOL.

Jan 23, 2026, 2:52 PM