The Federation of Bosnia and Herzegovina has approved a 12% increase in wholesale natural gas costs, setting the price at €567 per 1,000 standard cubic metres, excluding VAT. The change applies retroactively from October 1. The previous price was about €505.
Federation gas supplier Energoinvest requested the increase after Gazprom Export sought a larger adjustment of 16.21%. The government approved Energoinvest’s proposed 12% rise.
The decision follows a 14.4% increase in July, with wholesale gas costs therefore rising in two consecutive quarters.
Higher costs for gas consumers
The sequence of increases is becoming more significant for industrial and commercial consumers as the region enters the heating season. Although the latest adjustment was approved after the fourth quarter began, its retroactive application means consumers will face the higher import cost for the full quarter.
The changes also underline Bosnia and Herzegovina’s exposure to external gas-supply pricing. Imported gas underpins the market, so changes in supplier terms feed relatively quickly into domestic wholesale costs.
The latest adjustment raises the cost base for the remainder of 2026. It could also put more pressure on downstream tariffs if wholesalers and distributors cannot absorb the increase.
Cumulative impact of price increases
Following two significant adjustments within a few months, attention is shifting to the cumulative effect of higher gas costs. The impact concerns industry, district heating, commercial users and household bills.
