Bosnia's Energoinvest outlines challenges as EU moves to ban Russian gas

The company emphasized that, although Bosnia is not an EU member and is not legally bound by the regulation, the ban will have strong indirect effects because the country’s supply system is integrated into wider European energy flows. Existing long-term contracts for Russian gas would effectively be impacted from January 1, 2028, making this deadline central to planning future supply routes and security measures.

Energoinvest noted that the upcoming period will require extensive preparation and gradual adjustments to new European market conditions. The company plans to align contractual obligations on time, while simultaneously exploring alternative supply corridors. Strengthening logistics and modernizing gas infrastructure will be crucial to prevent supply instability. Without diversification of sources and routes, Bosnia’s long-term energy security could face serious challenges.

One of the primary solutions highlighted is the Southern Gas Interconnection project, described as a strategic national priority. The project would create an independent supply route and reduce dependence on a single provider. With an overall investment cycle exceeding two billion euros, including future interconnections, the project carries major development potential. Reports of interest from US companies to participate through concession models further reinforce its importance and could accelerate implementation.

Energoinvest stressed that cooperation with state institutions, regional partners and international organizations will be essential to ensure a resilient and sustainable energy system in the years ahead. The company reaffirmed its commitment to maintaining uninterrupted supply while preparing for the structural shift the EU’s gas policy will bring.

The EU regulation, agreed upon by the Council and the European Parliament, introduces a legally binding phase-out of Russian LNG and pipeline gas, with a full ban by late 2026 or autumn 2027. Formal approval by both institutions is considered a procedural formality.