The Federation of Bosnia and Herzegovina (FBiH) has allocated approximately €250,000 for the ongoing reconstruction of the oil terminal in Živinice. This funding aims to bolster the region’s strategic fuel reserves and enhance supply resilience amid increasing concerns over energy security. The agreement was formalized by Federal Energy, Mining and Industry Minister Vedran Lakić in collaboration with Operator-Terminali FBiH.
The second phase of this project will focus on restoring the storage infrastructure necessary for crude oil and petroleum products. By returning part of the terminal’s operational capacity, the initiative seeks to reinforce mandatory emergency reserves while also allowing for storage leasing arrangements with fuel distributors. Such measures are expected to stabilize market supply in the region.
This project is part of a comprehensive strategy to modernize energy infrastructure across the FBiH. Minister Lakić underscored that rehabilitating the Živinice terminal is a priority investment, with plans to further upgrade oil storage facilities in other areas within the Federation. This modernization effort reflects a commitment to improving overall energy security.
In addition to restoring existing assets, future initiatives include developing terminal infrastructure in Mostar, which is aligned with a broader strategy aimed at enhancing fuel security across the Federation. The goal is not only immediate restoration but also establishing a modern energy system capable of supporting long-term stability.
Lakić emphasized that this investment is crucial for strategic resilience, asserting that energy security should be viewed as an institutional responsibility rather than merely a theoretical concept. Enhancing fuel storage capacity will enable FBiH to better withstand supply shocks and maintain continuity during market disruptions or crises.
Operator-Terminali FBiH highlighted the project’s significance within the current international landscape characterized by commodity market volatility and transport route disruptions. These factors have exposed vulnerabilities within European supply chains, making reserve capacity and domestic storage pivotal components of any effective energy security framework.
Furthermore, management indicated that the Živinice terminal holds particular importance for Tuzla and the surrounding northern region of Bosnia and Herzegovina. Improved logistics and reserve capacity at this terminal could directly contribute to market stability in these areas. The recent reopening of the Blažuj terminal further supports this observation, indicating that oil storage is becoming increasingly central to government energy policy.
