In a significant development for the energy landscape of Bosnia and Herzegovina, Aluminij Industries has entered into a long-term supply agreement for liquefied natural gas (LNG) with Aktor LNG USA. This strategic partnership is expected to bolster the region’s industrial energy security, particularly benefiting aluminium production activities in Mostar.
The contract outlines annual deliveries of approximately 0.5 billion cubic meters of natural gas, set to commence in 2030. Spanning a duration of 20 years, the agreement carries an estimated total value of around €3 billion. This long-term commitment reflects a proactive approach to securing stable energy sources for industrial operations.
Apart from the LNG supply, the deal includes plans for constructing a gas-fired power plant within the Aluminij Industries complex. This facility aims to enhance energy reliability, providing a consistent power supply essential for the operational needs of the aluminium industry.
This agreement aligns with broader efforts to improve energy security in Bosnia and Herzegovina. By integrating natural gas as a transitional fuel, Aluminij Industries is contributing to the modernization of industrial infrastructure within the region. The focus on LNG underscores a strategic shift towards diversifying energy sources and ensuring sustainable industrial growth.
