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Bosnia and Herzegovina
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Bosnia's Federation mulls buying Dretelj underground oil terminal - report

Sep 19, 2022, 10:32:47 AMArticle by Dragana Petrushevska
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September 19 (SeeNews) - The government of Bosnia and Herzegovina's Federation is interested in buying the Dretelj underground oil terminal near Capljina, which has been shut down for over two decades, local media reported.

Bosnia's Federation mulls buying Dretelj underground oil terminal - report
Denys Prykhodov/Shutterstock.com

The Federation's government has mandated the entity's terminals operator OTF to assess the condition of the terminal for its potential acquisition, news agency Radio-televizija Herceg-Bosne reported last week.

The Dretelj oil terminal is owned by Hercegovacka Banka, which is in liquidation since 2012. OTF has been assigned to use the property under a decision by the Federation's government, the terminals operator said on its website.

The terminal, which has a total capacity of 24 million litres, has 12 underground reservoirs for oil and oil derivatives. It has been out of operation since 2001.

The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The Serb Republic is the other entity.

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