Friday, February 22, 2008

ESI: BOSNIA IS BECOMING A MAJOR ENERGY PLAYER IN SOUTHEASTERN EUROPE

SARAJEVO, Bosnia (February 22,2008) – Bosnia is becoming a major energy player in the Southeastern Europe, the latest report from the Berlin-based European Stability Initiative (ESI) claims.

This is owing to the country’s potential for dramatically increasing domestic electricity production.

In the report that will soon be officially introduced, ESI’s analysts underline the importance of the Stanari thermal power station with installed capacity of 420 megawatt-hours, into which some EUR 600 million is about to be invested.

The Stanari will be third power station in Bosnia in terms of capacity, and the first to be built in the past 25 years. Only Romania and Bulgaria have bigger electricity production capacity than Bosnia in the region, according to ESI.
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