Bosnia signs up to Trump-linked pipeline to reduce Russian gas dependence
Summary
Bosnia and Herzegovina signed a deal with Croatia to build a gas pipeline connecting to a liquefied natural gas (LNG) terminal in Croatia. This pipeline, linked to investors connected to President Donald Trump, aims to reduce Bosnia’s reliance on Russian gas ahead of an EU ban on Russian energy imports.Key Facts
- Bosnia and Herzegovina and Croatia signed a pipeline agreement at a summit in Dubrovnik.
- The pipeline will connect Bosnia to Croatia’s LNG terminal on the island of Krk.
- The goal is to replace Russian gas with LNG, mainly from the United States.
- The project is backed by AAFS Infrastructure and Energy, linked to people connected to President Donald Trump.
- The deal supports Bosnia’s energy security and helps diversify its gas supplies.
- The European Union warned the project might harm Bosnia’s EU membership bid and risk over $1 billion in aid due to transparency concerns.
- The agreement includes building gas-fired power plants to reduce coal energy use.
- Bosnia must meet EU rules on energy if it wants to join the bloc, and the EU requires review of related legislation.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.