The Government of Bosnia’s Federation (FBiH) entity adopted the request of gas importer Energoinvest to reduce the price of natural gas by 9.6 percent in the entity.

Energoinvest previously submitted a request to the FBiH Government to approve the new price of natural gas for the first quarter of 2023.
The new prices will be applied retroactively from January 1, 2023.

“We would like to point out that we officially received on January 9, 2023, the gas sales price from Gazprom Export, and that according to the formula for calculating the gas price, it was reduced by the amount of 4.98 percent compared to the price from the previous quarter,” the company said on Monday.