Bosnia's BH-Gas seeks 1.25 mln euro WBIF grant for gas pipeline project

The funding will be used to finance a feasibility study for the Trzac-Bosanska Krupa gas pipeline project, a profit and cost analysis, environmental impact study, and design project, BH-Gas said in an e-mailed statement on Wednesday,

The European Bank for Reconstruction and Development (EBRD) is supporting the company's application for the WBJF grant.

WBJF is expected to come up with a decision on the grant in December of January 2021, meaning the implementation project will begin in July 2021.

The project for building the western gas interconnection with Croatia is part of Bosnia's energy strategy framework for the period until 2035. It will help provide the industry and other sectors Bosnia's northwesternmost Una-Sana canton with natural gas, which will also help meet the environment protection targets of the area.

($= 0.844757 euro)