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Sarajevo Times > Blog > BUSINESS > When will Citizens of BiH know the Prices of Gas?
BUSINESS

When will Citizens of BiH know the Prices of Gas?

Published: September 21, 2022
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The Federation of Bosnia and Herzegovina can expect the gas price for the next quarter from Gazprom Export at the beginning of October, because the current gas price is valid until the end of the third quarter, ie until September 30, is confirmed to Fena news agency from Energoinvest d.d. Sarajevo.

“Energoinvest is constantly making analyzes and models of possible situations, but giving accurate information about prices in the future before Gazprom confirms it to us is not possible due to all the known circumstances, but according to all forecasts, prices are still expected to rise,” they stated.

Otherwise, as they pointed out, the market prices of gas on the TTF gas platform are extremely variable and are several times higher than the prices we have.

“After we receive the new prices from Gazprom, we will inform the public in a timely manner,” they said from Energoinvest.

The price of gas is formed quarterly based on the price movements of several elements, mainly oil, in the previous nine months.

“We will receive the new price at the beginning of October and it will be calculated in the already mentioned way. Given that the prices of gas on the market change several times during the year, according to the price of oil, according to the oil formula, and since the price of oil has increased significantly, so has the price of gas,” they said from Energoinvest.

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TAGGED:#BiH#bosnia#gas#news#prices
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