HomeGasBosnia and Herzegovina Raises Wholesale Gas Price 12%

Bosnia and Herzegovina Raises Wholesale Gas Price 12%

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The Federation of Bosnia and Herzegovina has approved a 12% increase in wholesale gas prices, adding to the pressure on consumers following a separate increase in July.

The new price is €567 per 1,000 standard cubic metres, excluding VAT, compared with about €505 under the previous arrangement. It applies retroactively from October 1.

Federation gas supplier Energoinvest sought the increase after Gazprom Export requested a larger adjustment of 16.21%. The government approved Energoinvest’s proposed 12% rise instead. Wholesale gas prices had already increased by 14.4% in July, marking rises in two consecutive quarters.

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Higher costs enter the heating season

The consecutive increases are 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 start date means consumers will face the higher import cost for the full quarter.

The decision also underscores Bosnia and Herzegovina’s exposure to external gas-supply prices. Imported gas underpins the market, so changes to supplier terms feed relatively quickly into domestic wholesale costs.

Pressure on downstream tariffs

The latest adjustment increases the cost base for the remainder of 2026. It could also put further pressure on downstream tariffs if wholesalers and distributors cannot absorb the increase.

Following two substantial adjustments within a few months, attention is shifting to the cumulative effect of higher gas costs on industry, district heating, commercial users and household bills.

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