Dusan Bajatovic, CEO of Serbia's state-owned gas distributor Srbijagas, has announced that natural gas prices for households will remain unchanged, while guaranteeing supply security through 2028.
The commitment comes as European gas markets continue to navigate low storage levels and shifting import dynamics following the Nord Stream sabotage and reduced Russian flows.
Bajatovic confirmed that residential tariffs will not be raised, providing a buffer for Serbian consumers against potential regional price volatility.
However, the CEO indicated that pricing for the industrial sector is still under consideration, suggesting that commercial users may face different adjustments compared to households.
This bifurcated approach aims to shield domestic demand while allowing the state-owned entity to manage margin pressures from wholesale market fluctuations.
The assurance of supply until 2028 is significant given the broader context of European gas vulnerability.
With European storage levels hitting five-year lows in recent months and Russian exports to the continent falling sharply, Balkan nations have been actively diversifying their supply chains. Serbia's ability to lock in long-term supply security suggests successful negotiations with alternative suppliers or strategic reserve management, insulating the country from some of the immediate shocks affecting Western Europe.