The Federation of Bosnia and Herzegovina (FBiH) has approved additional funding for the continued reconstruction of the oil terminal in Živinice, as authorities aim to strengthen strategic fuel reserves and improve supply resilience. Federal Energy, Mining and Industry Minister Vedran Lakić signed an agreement with representatives of Operator-Terminali FBiH, securing around €250,000 for the next phase of the project.
The allocated funds will be directed toward the second phase of works, focusing on the restoration of storage infrastructure for crude oil and petroleum products. The objective is to return part of the terminal’s capacity to operational use, thereby reinforcing mandatory reserves for emergencies while also enabling the leasing of storage space to fuel distributors, supporting a more stable market supply.
Officials described the project as part of a broader effort to rebuild and modernize energy infrastructure across the Federation. Minister Lakić emphasized that the rehabilitation of the Živinice terminal is one of several priority investments and confirmed that the government plans to continue upgrading oil storage facilities in other parts of the entity.
He also pointed to future plans, including the development of terminal infrastructure in Mostar, as part of a wider strategy to enhance fuel security across the Federation. According to him, the goal is not only to restore existing assets, but also to establish a more reliable and modern energy system capable of supporting long-term stability.
Minister Lakić further framed the investment as a matter of strategic resilience, arguing that energy security must be treated as a concrete institutional responsibility rather than a theoretical policy concept. Strengthening fuel storage capacity, he noted, improves FBiH’s ability to withstand supply shocks and maintain continuity during periods of market disruption or crisis.
Operator-Terminali FBiH highlighted that the project is particularly important in the current international context, where volatility in commodity markets and disruptions to transport routes have exposed vulnerabilities in supply chains across Europe. The company stressed that reserve capacity and domestic storage remain essential components of any credible energy security framework.
Management also noted that the Živinice terminal is of special importance for Tuzla and the broader northern region of Bosnia and Herzegovina, where improved logistics and reserve capacity could directly support market stability. Additionally, the company pointed to the recent reopening of the Blažuj terminal as further evidence that oil storage is becoming a central element of government energy policy.
