Serbia will soon sign a new gas agreement with Azerbaijan, as announced by Serbian Parliament Speaker Ana Brnabić during her visit to Baku. The agreement is part of a broader effort to strengthen energy cooperation between the two nations.
In addition to the gas agreement, a contract for a €600 million gas power plant near Niš will also be signed. This development highlights the growing economic ties between Serbia and Azerbaijan, with trade turnover between the two countries increasing 28-fold over the past five years, rising from $20 million to $560 million.
These agreements come amid a backdrop of increasing energy collaboration in the region, reflecting a trend seen in similar situations across Europe. For more information on related coverage, see the article on BOTAŞ signing a 20-year deal with Mercuria.
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