Bosnia and Herzegovina (BiH) should soon start the construction of a new gas pipeline worth about 80 million euros, that will connect the country’s natural gas network to Croatia’s in an effort to provide alternative routes for gas supply.
Last month, Bosnian gas company BH-Gas and Croatian natural gas transmission system operator Plinacro have signed a Memorandum of Understanding and Cooperation which, among other things, envisages the construction of gas interconnection between the two countries.
The representatives of BH-Gas said that environmental and financial studies related to this project should be completed within the next 12 months, after which, the expropriation of land should begin. A 160 kilometers long gas pipeline, which is a part of the European Community Gas Ring project, will be financed by the European Bank for Reconstruction and Development (EBRD).
The first phase of the implementation of EC Gas Ring project has already started in Bosnia and Herzegovina, with the construction of ZenicaTravnik gas pipeline. In addition, BH-Gas and Plinacro have expressed support for the project for the construction of LNG terminal on Krk island and associated gas pipelines, as well as the supply of natural gas from alternative sources, all with the aim of ensuring resource diversification and ultimately improving security of supply, and the support to the implementation of IAP project in a way to strengthen individual and joint activities related to the preparation of the implementation of this project.