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Bosnia and Herzegovina: RS assures stable fuel supply amid Pancevo refinery uncertainty

Minister of Energy and Mining of the Republic of Srpska (RS), Petar Djokic, stated that RS does not anticipate fuel shortages even if the Serbian refinery in Pancevo halts production this week.

Following a meeting with representatives of fuel distributors, Minister Djokic said that companies operating in the entity confirmed they have secured stable supply routes through internal planning and diversified sourcing. Distributors have long relied on multiple supply channels, not solely on imports from Serbia, which he described as an important reassurance for citizens.

He acknowledged that transport costs might rise, since alternative supply points could be farther away, but stressed that this does not threaten overall availability.

Director of Krajinapetrol, Milovan Bajic, said he also does not expect major disruptions and expressed hope that the situation in Serbia will soon stabilize. Although companies in Bosnia and Herzegovina depend entirely on imports due to a lack of domestic refineries, Bajic explained that supply adjustments are possible, even if transport becomes costlier.

On potential price changes, he noted that global market trends remain the dominant factor, and while this situation could exert some upward pressure, pricing depends on a broader set of variables.

Serbian Minister of Mining and Energy, Dubravka Djedovic, said last week that the US decision on whether Srbijagas will receive a license to continue operations is expected during this week. Until then, the Pancevo refinery remains in hot circulation mode, with Tuesday, 2 December, set as the current operational limit.

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