The Government of the Federation of Bosnia and Herzegovina (FBiH) has approved an increase in the wholesale price of natural gas for distribution companies, introducing a 3.99% rise that will come into force on 1 January 2026.
Under the new decision, the wholesale price will increase to €422 per 1,000 cubic meters, up from approximately €406. The adjustment was proposed by the Federal Ministry of Trade and reflects higher international oil and petroleum product benchmarks, as well as an increase in the pricing coefficient applied by Gazprom Export, Bosnia and Herzegovina’s external gas supplier. That coefficient rose by nearly 4% compared with the previous quarter.
Although gas transportation costs also increased toward the end of 2025, Energoinvest Sarajevo decided to absorb an additional expense of around 0.8% itself. The move was aimed at reducing pressure on distributors, businesses and household consumers.
Authorities emphasized that the wholesale adjustment does not automatically lead to higher retail prices. Any changes for end users will depend on decisions by distribution companies and approvals from relevant regulatory and inspection bodies within the Federation. Distributors are expected to evaluate the impact of the new wholesale price before seeking any revisions to regulated tariffs.
The wholesale gas price stood at roughly €443 per 1,000 cubic meters at the beginning of 2024. During 2025, it was cut four times, helping to limit cost increases for consumers despite broader market volatility.
Commenting on the decision, Federal Minister of Energy, Mining and Industry Vedran Lakić said the adjustment reflects higher Gazprom export prices for Bosnia and Herzegovina that must be applied in 2026. He noted that the increase underscores the importance of diversifying supply routes, pointing to the planned Southern Gas Interconnection as a key strategic priority. Lakić added that the latest rise is smaller than the cumulative reductions recorded over the previous three billing periods and expressed hope that it would not significantly affect living standards.
