Serbia, Azerbaijan could open joint 500 MW gas power plant in 2029 Feb 16, 2026, 12:56:20 PMArticle by Iskra Pavlova<https://seenews.com/news/authors/112> BELGRADE (Serbia), February 16 (SeeNews) - A 500 MW gas-fired power plant<https://seenews.com/news/serbia-azerbaijan-finalise-talks-on-500-mw-gas-plant-near-nis-parl-speaker-1282172> that Serbia plans to build near the city of Nis jointly with Azerbaijan could open in 2029, Serbian president Aleksandar Vucic said. [Serbia, Azerbaijan could open joint 500 MW gas power plant in 2029] Azerbaijani president Ilham Aliyev and Serbian president Aleksandar Vucic in Belgrade on Feb 15, 2026/Photo: Aleksandar Vucic on Facebook, SNS
A term sheet agreement on the project was signed on February 15 at the inaugural session of the bilateral strategic partnership council<https://seenews.com/news/serbia-azerbaijan-finalise-talks-on-500-mw-gas-plant-near-nis-parl-speaker-1282172> chaired by Vucic and Azerbaijan's president Ilham Aliyev who paid an official two-day visit to Belgrade, Vucic told a joint press conference on Sunday, as seen in a video file published by public broadcaster RTS. The project was discussed by Azerbaijani state-owned national oil and gas company Socar and Serbia's state-owned gas importer and distributor Srbijagas, Vucic said. He noted that in the next two to three months Serbia will try to complete everything necessary in order to quickly embark on preparing the conceptual design study and the main project design, after which construction will start. Construction works are expected to last just over two years. Vucic said the gas power plant will be built under a 50/50 joint venture partnership between the two countries, with Azeri companies supervising the project. He noted this will be the first of many gas-fired power plants that Serbia plans to build in the near future in its attempt to increase the share of green electricity in its energy mix. Serbia and Azerbaijan have been expanding their energy ties in recent years, with Serbia aiming to reduce its reliance on Russian gas. In November 2023<https://seenews.com/news/serbia-signs-gas-import-deals-with-azerbaijan-1239324>, Serbia signed an agreement for the supply of up to 400 mcm of Azeri gas per year between 2024-2026, and later on<https://seenews.com/news/serbia-boosts-winter-gas-supplies-from-azerbaijan-1264106> agreed on additional supplies during the 2024-2025 winter season. In September 2025<https://seenews.com/news/srbijagas-gazprom-to-sign-new-gas-supply-deal-in-oct-1282023>, Srbijagas' head Dusan Bajatovic said that Serbia reached an agreement with Azerbaijan for the supply of up 2.5 million cubic metres (mcm) of gas per day, without providing further details. -- http:www.antic.org --- You received this message because you are subscribed to the Google Groups "SERBIAN NEWS NETWORK" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion visit https://groups.google.com/d/msgid/senet/PH0PR13MB54466173E2AD651A88F564B3AE6CA%40PH0PR13MB5446.namprd13.prod.outlook.com.
