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Sarajevo Times > Blog > BUSINESS > Analysis of FMT on import of petroleum Products in the FBiH
BUSINESS

Analysis of FMT on import of petroleum Products in the FBiH

Published: March 9, 2017
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oil-factoryIn late February, the Federal Ministry of Trade issued a statement which contains data on import of petroleum products in the Federation of Bosnia and Herzegovina.

In the period from January to December 2016, 911,565 tons of oil products was imported in FBiH, which amounts for 13.62 percent more than the same period last year when the imported oil amounted to 802,313 tones.

The country from which the most oil products were imported was Croatia (522,309 tons), followed by Italy (225,846 tons), Serbia (94,334 tons), Hungary (10,985 tons), Slovenia (9,902 tons), Austria (1,078 tones) and other countries (47,111 tons).
Refinery Bosanski Brod and other suppliers from the Republika Srpska supplied 221,002 tons, which is about 22.60 percent less than the same period last year when it purchased 285,500 tons.

The biggest amount of oil products from the Republic of Slovenia was acquired by Optima Group Ltd. Banja Luka and about 90.16 percent (199,251 tons), while the remaining amount of oil products were purchased from companies Reunion Ltd. Banja Luka, Super Petrol Banja Luka, Gaga – Trans Banja Luka, IGMIN MM and directly from the refinery Bosanski Brod.

The largest suppliers of petroleum products in the Federation are Holdina (514,360 tons), Petrol (193,331 tons), G-petrol (91,837 tons) and Hifa (57,877 tons).

The average price of fuel in January 2017 recorded in the Federation of BiH is 1.90 BAM for diesel, gasoline BMB95 1.95 and 2.10 for diesel BMB98. It is the same average value recorded in December 2016, and the similarity is a consequence of the minimum fluctuations in the world market, which have been ongoing for three months.

(Source: klix)

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