BAKU, Azerbaijan, April 8. Up to date, a total
of 444.6 million cubic meters of gas has been exported from
Azerbaijan to Serbia, Azerbaijan’s Minister of Energy Parviz
Shahbazov wrote on his X account, Trend reports.
“At the meeting with Dubravka Djedovic Handanovic, Minister of
Mining and Energy of Serbia, we discussed the key areas of energy
cooperation within the framework of strengthening the strategic
partnership between the two countries, including natural gas,
electricity generation, the Green Energy Corridor, energy
efficiency, and heat supply. Up to date, a total of 444.6 million
cubic meters of #gas has been exported from Azerbaijan to Serbia,”
the publication reads.
According to data from the State Statistical Committee, in
January of this year alone, Azerbaijan exported 34.7 million cubic
meters of natural gas (in gaseous form) to Serbia, worth $13.2
million. According to available information, this figure decreased
by $3.5 million, or 20.8%, in value terms, and by 73,000 cubic
meters, or 0.2%, in volume compared to the same period last
year.
In addition, significant investments from Serbia were also made
in the Azerbaijani economy. According to the Central Bank of
Azerbaijan, in 2025, Serbia's direct investment in Azerbaijan
amounted to $6.4 million. This is $6.2 million, or 29.6 times more,
than in 2024.
In the reporting year, Serbia's share of total foreign direct
investment in Azerbaijan stood at 0.1%.
