"The agreement, signed with neighbouring Croatia, aims to relieve Sarajevo of its reliance on Russian gas, which it needs to do in advance of a European Union ban on energy purchases from Moscow set to take effect next year."
"Bosnian Prime Minister Borjana Kristo described it as a major step forward that strengthens energy security and diversifies supply, while the European Union warned that the deal could jeopardise the country's accession bid."
"By connecting Bosnia to Croatia's LNG terminal on the island of Krk, the pipeline would not only integrate directly into that of the bloc, but also allow US gas to reach a country that currently depends on Russia for its entire supply."
Bosnia and Herzegovina signed a gas pipeline deal with Croatia to reduce reliance on Russian gas, backed by US investors. The agreement aims to enhance energy security ahead of an EU ban on Russian energy purchases. However, the EU cautioned that the deal could threaten Bosnia's EU accession efforts and over $1 billion in aid due to transparency issues. The pipeline connects Bosnia to Croatia's LNG terminal, facilitating US gas access and reducing dependence on Russian supplies.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]