Petroleum / Mining in Bosnia and Herzegovina

  • Balkan States Face Crisis if Russia Halts Gas Flow.

    BOSNIA AND HERZEGOVINA, 2014/10/17 The three Balkan nations, which have few alternative sources for heating and industry, will be hard hit if Russia halts gas supplies to Europe, Brussels warns. For Bosnia, Macedonia and Serbia “supplies from Russia are the dominant source of gas and the supply takes place solely through one transit route via Ukraine," the analysis notes. "National infrastructure capacities are very limited and prevent a flexible flow of gas and diversification of sources,” the analysis adds. The three nations would be “part the nations most affected in case of supply disruptions of gas in Europe” the statement continues.

  • Accord for methane pipeline ramification signed in Tirana

    ALBANIA, 2013/05/24  Four Balkan nations have signed a memorandum of considerate to support the Trans Adriatic Pipeline project, which will bring methane to the Italian region of Apulia from Azerbaijan's huge Shah Deniz gas field, crossing Greek and Albanian territory. Bosnia, Croatia and Montenegro have expressed strong interest in the ramification of the methane pipeline towards their own nations as a way to ''foster energy security of an entire region''.

  • Bosnia's Federation Tries to Save Petrol Company

    BOSNIA AND HERZEGOVINA, 2013/02/13 The federation’s government said it will offer British fuel trading company Deltagrip a transaction to settle the deficit in instalments and prevent its petrol storage company from going out of business. The deficit arose from a ruling by the International Chamber of Commerce’s arbitration court over a broken arrangement.
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