The deal, signed in Dubrovnik by Croatian PM Andrej Plenkovic and Bosnia’s Borjana Kristo, involves U.S.-based AAFS Infrastructure and Energy as investor and developer, with investment potentially reaching $1.5 billion.
The pipeline will connect Bosnia to Croatia’s gas network and the Krk LNG terminal, aiming to reduce Russian energy dependency and strengthen regional energy security.
Bosnia currently relies almost entirely on Russian gas via Serbia and Bulgaria; the project is backed by U.S. officials and may affect Bosnia’s EU accession amid transparency concerns.
Can a newly-formed US firm deliver a massive $1.5 billion Balkan energy project?
Will this no-bid contract bring energy security or just higher bills for families?
Why build new fossil fuel lines instead of investing in Bosnia's renewable energy?
Does bypassing competition for this deal set a dangerous precedent for corruption?
As Bosnia shifts from coal, what will happen to thousands of mining jobs?