Hungary has imported over 5 billion cubic metres of Russian natural gas since January via TurkStream, under its long-term agreements with Gazprom, thereby supporting its national energy infrastructure.
The United States extends a 30-day reprieve to NIS, controlled by Gazprom, as Serbia seeks to maintain energy security amid pressure on the Russian energy sector.
The EBRD’s additional financing will raise the capacity of the Gvozd wind farm to 75 MW, making it the largest in the country. This project, led by EPCG, marks a key industrial milestone in Montenegro’s energy sector.
After a prolonged technical shutdown, the Greek floating terminal resumes operations at 25% capacity, with near-saturated reserved capacity and an expanded role in exports to Southeast Europe.
Serbia has secured a new 30-day reprieve from the application of US sanctions targeting NIS, operator of the country’s only refinery, which is majority owned by Gazprom.
Belgrade is engaged in complex negotiations with Washington to obtain a fifth extension of sanctions relief for the Serbian oil company NIS, which is majority-owned by Russian groups.
Belgrade is currently finalising a new gas contract with Russia, promising Europe's lowest tariff, according to Srbijagas General Director Dusan Bajatovic, despite Europe's aim to eliminate Russian imports by 2027.
Wanhua Chemical has signed a strategic agreement with Serbian manufacturer ElevenEs to establish a localised supply chain for LFP battery materials, reinforcing their technical and industrial cooperation in the European market.
Belgrade has confirmed the temporary extension of its gas supply contract with Moscow, ensuring the daily delivery of 6 million cubic metres until autumn at an unchanged price.
The United States extends until June 27 the suspension of sanctions targeting NIS, the Serbian energy company controlled by Gazprom, providing strategic relief to gas-dependent Serbia.
Washington again delays the enforcement of sanctions against NIS, the Serbian energy company controlled by Gazprom, extending the status quo until the end of April according to Serbian President Aleksandar Vucic.
A Bosnian entity adopts a text to build a gas pipeline toward Croatia. This measure aims to diversify supply and reduce reliance on Russian gas, under the notable impetus of American diplomacy.
Arctech, in collaboration with NORINCO International, will equip a 125 MW solar project in Bosnia and Herzegovina, reflecting the region's renewable energy ambitions.
Faced with US sanctions targeting Russian oil, Serbia is negotiating with Moscow to ensure the full withdrawal of Russian shares in its main gas supplier, NIS, 56% owned by Gazprom and Gazprom Neft.
The Serbian government invests 168 million dinars to equip public infrastructures with solar panels. Thirty municipalities benefit from this program as part of the country's energy transition.
Under international pressure, Bosnia passes a key law to diversify its natural gas supply, reducing total dependence on Russian gas through a connection to Croatia’s LNG terminal.
Serbian President Aleksandar Vucic warns of imminent US sanctions against NIS, majority-owned by Gazprom Neft and Gazprom. A decision that could escalate geopolitical tensions in Europe.
