The Federal Minister of Energy, Mining and Industry, Nermin Djindic, said that the Government of the Federation of Bosnia and Herzegovina at its session today adopted the Information on the increase in gas prices for the third quarter of 2022, which was submitted by Energoinvest d.d. Sarajevo.
“A decision was adopted to increase the price of gas by 23.3 percent. It is a direct request, that is, a price increase from Gazprom to Energoinvest. Energoinvest urgently demanded a correction from the Federal Ministry of Trade and the Federal Ministry of Energy, Mining and Industry,” said Dzindic after the Government session.
The Federal Ministry of Trade proposed this correction at the session today, as he stated, and the FBiH Government adopted it and sent it to further procedure.
Director of Energoinvest Bisera Hadzaljevic emphasized that Bosnia and Herzegovina currently has only one supply route, ie that all gas comes from Russia.
“The existing contracts are stable, there are no problems with supply, and new arrangements have yet to be agreed. As a supplier, we can get all the quantities that the Federation of BiH needs, however, it is a question of price,” she said.
“We are easily discussing the LNG terminals that are being built, the terminal in Greece is under construction, it will certainly last for the next two years, the terminal on Krk exists, for now there is not enough LNG required. I don’t think there will be any significant changes in the next two years. I have no dilemmas about supply, but I have about the price, and that is what worries us,” said Hadžialjevic.
The president of the Croatian Professional Gas Association, Dalibor Pudic, said that the LNG terminal, which provided security, had started operating in 2021.
“We have a good infrastructure, our gas production is relatively good compared to EU countries, where most countries import gas almost 100 percent. Compared to the period ten years ago, we produced almost all quantities of Croatian consumption, today we cover only 30 percent of Croatia’s gas needs,” said Pudic.
By the way, Croatia is the country that has the highest degree of independence in the region, because it received liquefied gas from the United States and Qatar through the terminal on Krk. Energoinvest reports that one of the goals in BiH is the construction of a southern interconnection that would enable direct access to gas from Krk.