US investors discuss gas pipeline - Southern Interconnection will connect Bosnia with Croatian terminal
Executives of the American company "AAFS Infrastructure and Energy LLC" were recently in Sarajevo to discuss with local leaders the role of American capital and resources in the development and management of the Southern Interconnection pipeline.
The Southern Interconnector is a gas pipeline that will connect Bosnia and Herzegovina with the Croatian gas system and the liquefied natural gas (LNG) terminal on the Croatian island of Krk.
Bosnia does not produce gas, so it is supplied with Russian gas that comes via the TurkStream through Serbia, through the only gas pipeline from Zvornik to Sarajevo, which was built 40 years ago.
So far, pipelines in Southeast Europe have been built by European or local companies. The section passing through Bosnia will be about 170 kilometers long and the estimated construction cost is between 405 and 810 million euros.
The project would be implemented under a concession model, with a private American investor financing, building and operating the pipeline for a specified period, after which it would be returned to Bosnia. To begin work, the Federation of Bosnia would need to grant a concession to the investor. Bosnia and Croatia would also need to sign an international implementation agreement.
According to plans, the documentation could be completed by the fall of 2026, after which construction could begin.
But how is Bosnia and Herzegovina supplied with gas?
Bulgaria has announced that it may stop transporting Russian gas in 2028. In such a scenario, Bosnia, without an alternative route, could be left without gas for industry, and families in Sarajevo without heating. During 2024, Bosnia imported about 225 million cubic meters of gas. Republika Srpska consumes about 30 million cubic meters, and the Federation of Bosnia the rest.
Russia opposes Trump on Venezuelan oil - Roszarubezhneft's assets in Venezuela "are property of the Russian state"
Oil assets that Russia is developing in Venezuela belong to Russia, which will continue to work there, Moscow said on Tuesday, following U.S. President......
China, record trade surplus - About 1.2 trillion dollars, despite Trump tariffs
China reported strong export growth in 2025 with a record surplus of nearly $1.2 trillion, as manufacturers braced for another three years under the......
Greenland Prime Minister: We do not want union with the US - "We will remain united in the Kingdom of Denmark"
Greenland's prime minister said his nation would prefer to remain part of Denmark rather than become a United States territory, following President Donald......
2025, the third warmest year on record - Scientists call for emissions reduction
The planet just experienced the third warmest year ever recorded and average temperatures have exceeded 1.5 degrees Celsius of global warming over three......
Albanians "curb" home banking payments - What happened to our digital wallets in November? 10.3% fewer banking transactions
The path towards reducing cash payments is not easy, and this is also shown by the increasing and decreasing figures of transactions carried out on bank......
Albania-Kosovo energy market - Volumes in ALPEX reached 1.95 mln mWh. Transaction value, 270 mln euros
The volumes of energy traded on the Albanian Electricity Exchange increased during 2025, compared to the previous year. According to data processed by TV......
Is the new excise tax enough to curb smoking? - Imami: The increase is not based on inflation, measures need to be tightened
The increase in excise duty has once again increased the price of tobacco packages this year. However, despite the price increase, consumption is not......
What will be the effects of the new vineyard map? - Experts: Products are certified, EU standards are met
Albania will have a new viticultural map for the cultivation of wine grapes. The new draft law submitted for public consultation aims to strengthen local......
