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Reading: Energoinvest requested a Gas Price Increase
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Sarajevo Times > Blog > BUSINESS > Energoinvest requested a Gas Price Increase
BUSINESSWORLD NEWS

Energoinvest requested a Gas Price Increase

Published: April 6, 2026
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Energoinvest sent the Federal Ministry of Energy, Mining and Industry a request for consent to the correction and increase of the wholesale price of natural gas for the second quarter of 2026 in the amount of 4.59%.

“The proposed price is 865.40 BAM for 1,000 Sm³, which represents a minimal increase compared to the previous quarter, despite the fact that current prices on European markets are up to 20% higher. At the same time, during March, Energoinvest managed to keep prices at the level from January, which further protects citizens and the economy in the Federation of Bosnia and Herzegovina from sudden market fluctuations and high growth on global markets that we are witnessing”, announced Energoinvest.

Energoinvest says that the price correction is the result of an increase in the purchase price from suppliers, conditioned by global movements in gas and oil prices. However, as they point out, thanks to the business model that includes long-term contracts, quarterly formation of prices and attachment to the oil formula, the market of Bosnia and Herzegovina remains significantly more stable compared to most European markets.

“At a time when the European stock markets are recording pronounced growth, a difference of 20% in favor of the domestic market clearly shows the effect of our management model. We managed to keep prices stable even in periods of greatest pressure, including March when prices went up by over 70% in European countries, thereby additionally protecting citizens and the economy. Stability of supply and a competitive price should be an additional motive for new users, but also support for the efforts of the Government of the Federation of Bosnia and Herzegovina to mitigate energy impacts on the population and economy,” said Mirza Ustamujić, director of Energoinvest.

The proposed increase has limited impact on end users. For households, a minimal effect on bills is expected, further mitigated by seasonally lower consumption, while the economy maintains more competitive energy prices compared to most European markets.

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