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Bosnia has approved a $1.5 billion energy initiative led by investors with close ties to U.S. President Donald Trump.
The project, titled the Gas Pipeline Southern Interconnection, aims to diversify the Balkan nation’s energy sources and end its total dependence on Russian natural gas imports.
Spearheaded by AAFS Infrastructure and Energy, a firm headed by Joseph Flynn and Jesse Binnall, the plan includes the construction of a new pipeline and several gas-fired power plants designed to replace ageing coal-based electricity production.
The legislation passed through the upper house of the Bosniak-Croat parliament on Wednesday, following a swift approval process that has drawn sharp criticism from environmental advocates.
NGOs have labelled the deal “harmful,” raising concerns about the legal and financial risks associated with a newly formed company that lacks a proven track record in large-scale infrastructure.
Critics argue that the decision was made under significant political pressure from the U.S. administration’s fossil fuel lobby.
Despite these concerns, supporters of the project emphasise its strategic necessity for regional energy security.
The pipeline will link Bosnia to the European gas network via an LNG terminal in Croatia, providing a vital alternative before the European Union’s ban on Russian gas takes effect in 2027.
Project leaders describe the platform as a collaborative effort involving experienced international engineering and financial partners, with a formal agreement between Bosnia and Croatia expected to be signed later this month in Dubrovnik.
