Srbijagas is moving to absorb Novi Sad-Gas, the regional gas distribution and maintenance company serving northern Serbia, in a consolidation that centralizes the country's gas infrastructure under the national utility.

Under a draft contract, the merger will transfer all assets, liabilities, and 94 employees from Novi Sad-Gas to Srbijagas.

The deal effectively eliminates the regional distributor as an independent entity, streamlining operations for the state-owned supplier.

The consolidation reflects a broader trend of centralization in Serbia's energy sector, where the government has sought to strengthen the balance sheet and operational control of key utilities.

By integrating regional distributors, Srbijagas aims to reduce administrative overhead and improve maintenance coordination across the national grid.

Market participants will monitor the integration process for any operational disruptions or changes in regional pricing structures.