Energy Summit Will Seek Reform Solutions for Gas Sector

Unlike the electricity sector, which experienced significant progress and changes, Bosnia’s gas sector does not have an organized legislative framework that is harmonized with the European Union Directives or Energy Community Regulations, which Bosnia pledged to follow.

The lack of appropriate legislation affects the transparency of prices and security of supply with gas. A process for soliciting solutions for dynamic and efficient reforms in this sector will be launched at the 4th Energy Summit that will take place on April 25-27 in Neum, along with the continuation of reforms in the electricity sector.

Neum will be the meeting place of the key energy sector stakeholders in Bosnia for the fourth time. The 4th Energy Summit is organized by the USAID Energy Investment Activity (EIA) project and the German Society for International Cooperation (GIZ) through the projects “Promotion of Renewable Energy in BiH” and “Promotion of Energy Efficiency in BiH,” under the auspices of the Ministry of Foreign Trade and Economic Relations, the State Electricity Regulatory Commission, the Federation entity’s Energy Regulatory Commission and the Republika Srpska entity’s Energy Regulatory Commission.

“We will organize a panel for electricity and gas so that the energy sector key experts can define the measures that we expect the decision makers to implement in the next period with a view to harmonize them with the EU legislation and the Energy Community Requirements in order to create transparent, attractive and customer friendly sectors for electricity and gas,” said Ognjen Markovic, USAID Energy Investment Activity Chief of Party.

The energy market in Bosnia was officially opened on January 1, 2015. Since then until today, over 500 companies have switched its electricity supplier or managed to negotiate better supply conditions with its existing supplier. Continuation of reforms in the electricity sector in Bosnia should bring the same benefits to the household category, so that they also can choose a new supplier if they offer better price or supply terms.

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