The Government of the Federation of Bosnia and Herzegovina (FBiH) has taken significant steps to enhance its energy security by endorsing a proposal aimed at temporarily eliminating customs duties on crude oil and petroleum products. This initiative targets imports from non-preferential markets, specifically countries outside the European Union, CEFTA, and those lacking special trade agreements with Bosnia and Herzegovina. If enacted, this measure will remain effective for a duration of 180 days.
To implement these changes, authorities plan to direct the Ministry of Foreign Trade and Economic Relations to adjust the national customs tariff system. The proposed alterations would see import duties on oil and petroleum products from third countries reduced to zero, thereby lowering barriers for alternative suppliers during this six-month period.
This strategic move is expected to expand the pool of potential suppliers, diversifying sourcing options and diminishing reliance on dominant import routes. Officials believe that this approach will enhance competition within the fuel supply chain, which may lead to more stable pricing and improved market efficiency.
The initiative also aims to bolster the country’s resilience against external shocks. By streamlining access to alternative supply channels, officials contend that Bosnia and Herzegovina will be better equipped to manage sudden disruptions, such as supply shortages or price volatility, ensuring a more consistent availability of energy resources.
Government representatives have highlighted the preventive nature of this measure. By establishing duty-free access proactively, the country can swiftly activate alternative supply routes during crises, thereby avoiding delays associated with administrative processes or additional costs. This preparedness is viewed as a means to strengthen institutional capacity and enhance risk management within the energy sector.
The driving force behind this proposal is the persistent volatility in global energy markets. Recent price fluctuations observed in March 2026 underscore the unpredictable nature of current market conditions, reinforcing the necessity for timely policy interventions aimed at safeguarding supply stability and protecting the domestic economy.
