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The recent developments that showed TAP's clear victory in the Southern Corridor pipeline race demonstrate a behind the scenes culmination of wider geoeconomic importance that will certainly affect the strategies of all stakeholders involved. First of all, ITGI's defeat was not taken lightly both in...
Oil and gas group OMV AG today announced its intent to sell its subsidiaries in Croatia and Bosnia-Herzegovina as part of its revised focus on exploration and production projects in the future. The sales would constitute a total withdrawal from both markets. Currently, OMV wholly owns a retail...
Bosnian gas company BH-Gas and Turkish BOTAS have signed a Memorandum of Understanding (MOU) to cooperate in gas purchases and transport. The companies signed the MOU in Ankara on Thursday to cooperate on gas projects and further the existing business relationship between the two companies. BH-Gas...
The Government of the Federation of Bosnia-Herzegovina (FBiH) today announced that it has signed a Memorandum of Understanding with Shell Exploration Company BV, a subsidiary of Royal Dutch Shell plc, allowing the company to survey potential oil and gas fields in the country. The signing...
The Trans-Adriatic Pipeline (TAP) has entered into an agreement with Bosnian system operator BH-Gas for the future extension of the planned gas pipeline.The two companies agreed, "to explore opportunities for developing natural gas markets and enhancing supply diversity in South East Europe (SEE)".Backed...
The Bosnian Muslim-Croat federation has asked for Turkey's assistance in help to diversify its sources of natural gas supply. Bosnian gas distributor BH-Gas has asked Turkey's Botas, a partner in the Nabucco natural gas pipeline project, to help it connect to the EU-backed pipeline. Bosnia, which is...