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Reading: BiH is working on interconnection Project to receive Azerbaijani Gas
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Sarajevo Times > Blog > BUSINESS > BiH is working on interconnection Project to receive Azerbaijani Gas
BUSINESS

BiH is working on interconnection Project to receive Azerbaijani Gas

Published: April 5, 2019
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Bosnia and Herzegovina is working on interconnection project to receive Azerbaijani gas, Federal Minister of Energy, Mining and Industry of Bosnia and Herzegovina Nermin Džindić told Trend.

“Bosnia and Herzegovina, together with the company BH-GAS d.o.o. Sarajevo which is in charge of development projects in Bosnia and Herzegovina, is working on realization of the Southern interconnection of B&H with Croatia project, which would create conditions for future expected connection to Ionian Adriatic Pipeline (IAP) and Trans Adriatic Pipeline (TAP),” said the minister.

He pointed out that the Southern interconnection of B&H and Croatia is a project of interconnection of gas systems of Bosnia and Herzegovina and Croatia.

“The main objective of the project is to secure a new route of natural gas supply for B&H by which a reliable and secure natural gas supply would be secured for Bosnia and Herzegovina,” noted Džindić.

IAP is a proposed natural gas pipeline in Southeastern Europe (SEE) that will stretch from Albania through Montenegro, and Bosnia and Herzegovina, to Split in Croatia.The capacity of the pipeline will amount to five billion cubic meters of gas per year.

IAP pipeline in the Albanian city of Fier is planned to be connected to the TAP, which is intended for the supply of Azerbaijani gas to Europe. The IAP will ensure the supply of Azerbaijani gas to a number of countries in South-Eastern Europe.

In 2013, a mutual memorandum of understanding on construction of Trans-Adriatic and Ion-Adriatic gas lines were signed among Azerbaijan, Montenegro, Albania, Croatia, Bosnia and Herzegovina, as well as a memorandum of understanding on South Gas Corridor and South-East European Corridor projects were signed among Azerbaijan, Albania, Croatia and Montenegro.

The Southern Gas Corridor, $ 40 billion worth project, envisages the transportation of 10 billion cubic meters of gas to Turkey and Europe through the pipeline, which will be operated within the second stage of the Shah Deniz gas condensate field project in the Azerbaijani sector of the Caspian Sea, AzerNews reports.

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TAGGED:#BiH#development#gas#projectsAzerbaijan
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