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Pozder: FBiH is missing historic opportunity to replenish oil reserves

Press release , FENA Photo

SARAJEVO, April 21 (FENA) - Our Party announced today that the price of oil has been the lowest in the last 40 years, and an MP of Our Party in the FBiH Parliament, Nasiha Pozder, believes this was an exceptional opportunity to purchase oil reserves.

Pozder states that "normal economies are purchasing reserves today and see this price drop as an opportunity," adding that "little is being done in the Federation of BiH on this issue."

She claims that the FBiH is not yet ready to provide quarterly reserves of oil and oil products to the standards of the Energy Community.

Our Party will ask to the FBiH Minister of Energy, Mining and Industry Nermin Džindić whether the Government has undertaken activities to replenish reserves, at what cost, but also to take an initiative to address this issue, stated Our Party.