By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Fuel Prices in BiH to be lower, Citizens point out “It’s not enough”
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Fuel Prices in BiH to be lower, Citizens point out “It’s not enough”
BUSINESS

Fuel Prices in BiH to be lower, Citizens point out “It’s not enough”

Published: July 15, 2022
Share
SHARE

Fuel prices at gas stations in Republika Srpska entity, according to distributors’ announcements, will be lower by up to 20 pfennigs per liter in the coming days. Citizens believe that prices are still unrealistically high, while experts point out that autumn and winter will again be turbulent when it comes to oil. At the same time, with the work of inspectors in the field, a certain number of irregularities at the pumps were again determined.

At several gas stations in Banja Luka, the prices are completely different. However, the margin is limited for everyone and it is 25 pfennigs per liter. For now, the prices are in a slight decline and according to the announcements of the distributor, the price will be lower by up to 20 pfennigs per liter in the coming days.

Citizens say that, although the prices are slightly lower, it is not enough.

A few months ago, the owners of gas stations in the RS were fined around one and a half million marks for irregularities in the sale of oil and oil derivatives. They requested a court ruling, considering that they had no irregularities. Today, we have information from the inspectorate that a certain number of irregularities were recorded at gas stations in the previous days as well.

“Until July 14, 2022, inspectors performed 174 controls and irregularities were found in 108 cases. 216 misdemeanor orders were issued,” according to the RS Inspectorate.

Although prices are in a slight decline, experts believe that the extension of Serbia’s decision to ban oil exports is not good for BiH, because a significant part of the market is covered by oil from the Pancevo refinery.

“It is not good. Almost 30 percent of the market in Bosnia and Herzegovina is supplied from the refinery in Pancevo. So, we will see, but we are primarily referring to diesel, which is the most represented and imported from Pancevo. Hungary has also introduced a ban,” says Almir Becarevic, energy expert.

Limiting oil exports is just one indication that prices will rise.

“I think prices will continue to rise, regardless of some global trends in barrels, not only oil but also all energy products, and then the prices and everything else that is connected to energy products,” points out Miso Mudric from the University of Zagreb.

The projections, according to experts, despite the current slight price drop of several pfennigs, are not good. This especially applies to the upcoming autumn and winter.

Farmers from all over Bosnia blocked Customs Terminals
Global Fiscal Framework for the Period 2020-2022 adopted
Minister Jusko: Chinese Companies want to participate in the Construction of Road Infrastructure in BiH
United Kingdom is 10th Investor in BiH
Two Companies from B&H at the Taste of Britain Fair in Vienna
TAGGED:#bosnia#decrease#fuel#goods#news#prices
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Analysis: Inevitable Increase of Prices of Gas in both Entities in BiH
Next Article BiH State Police arrested Eleven Persons
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Edin Avdic, famous Journalist and Commentator, passes away
June 3, 2026
The Permanent Representative of the Kingdom of Norway to the OSCE visits the Ministry of Interior of ZDC
June 3, 2026
The FBiH Government allocates more than 1.7 Million BAM for Members of the Veteran Population
June 3, 2026
Steering Committee of the Peace Implementation Council starts Meeting
June 3, 2026
Slovakia donates Firefighting Equipment to Cantonal Civil Protection
June 3, 2026
CEC confirms the Majority of Applications for the 2026 General Elections
June 3, 2026
Influencer Who Built a Football Club in a Year Arrives in Sarajevo: Palm City FC Scouting Talent from BiH
June 3, 2026
‘Sevdah on Dunav’ Amazes Linz – A Strong Message of Unity
June 3, 2026
TI BiH: Parties Free to Conduct Early Campaigning Because There Are No Penalties Until Candidate Lists Are Verified
June 3, 2026
The Resolution to commemorate May 31 as the International Day of White Armbands is now before the Canadian Parliament
June 3, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?