Bosnian citizens and the economy need a stable gas sector

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Citizens and the economy need a stable gas sector, and in order to have it, we need a harmonized legislative and regulatory framework, Ognjen Markovic, the USAID Energy Investment Activity (EIA) Chief of Party said Tuesday, during the two-day conference "Development options for the gas sector in Bosnia and Herzegovina," on the mount Jahorina, near Sarajevo.

“The Draft State Gas Law that has been pending for approval for a long time enables the implementation of any option for determination of tariffs and regulation of the natural gas transmission. In addition to the development of the primary legislation it is very important to work on the development of secondary legislation that will provide for a detailed framework of the gas sector in Bosnia and Herzegovina,” Markovic added.

Emphasizing that after a long time of silence in the gas sector, the discussion among all actors in the sector was finally restarted, Ognjen Markovic said that certain issues were clarified and that a positive atmosphere is created which could lead to positive changes.

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“In the past year, the USAID Energy Investment Activity (EIA) has produced 12 reports dealing with the gas sector. I believe that when we compile them into one document together with the recommendations, they will be a good basis for the sector reform,” said Markovic adding that he is optimistic and expects a positive step forward when it comes to the development of the country's gas sector.

At the end of the conference, participants reiterated once again that Bosnia currently has only one source of natural gas supply and that it must make efforts to provide alternative sources so that citizens and the economy will not be left without this important energy source.

The USAID Energy Investment Activity (USAID EIA) aims to support the development of the energy sector in the country, which is of key importance for its accession to the European Union.  

Several events of vital importance for the reform of Bosnia's energy sector were held so far within the project, and one of them is the Neum Energy Summit, which was held for the past five years.