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BH COUNCIL OF MINISTERS ADOPTS NEW REGULATIONS ON OIL IMPORTS?

SARAJEVO, Feb 21 (Hina) - The new regulations on the quality of oil imports in Bosnia-Herzegovina will practically oust from the Bosnian market products from the Croatian oil refinery in Sisak, says the Sarajevo-based daily "Dnevni avaz" of Thursday. The daily claims that the BH Council of Ministers has already adopted new regulations on the quality of oil products. There has been no official confirmation of the report but the daily claims the new regulations will go into force upon announcement in the National Gazette. Before the latest decision, oil imports in Bosnia-Herzegovina had to meet quality standards adopted by former Yugoslavia, which allowed sulphur levels in fuel of up to 0.2%. The current European standards are much stricter and allow sulphur levels of between 0.035 and 0.050%. Bosnian Treasury Minister Anto Domazet confirmed the European criteria would be introduced in his country as well. The
SARAJEVO, Feb 21 (Hina) - The new regulations on the quality of oil imports in Bosnia-Herzegovina will practically oust from the Bosnian market products from the Croatian oil refinery in Sisak, says the Sarajevo-based daily "Dnevni avaz" of Thursday. The daily claims that the BH Council of Ministers has already adopted new regulations on the quality of oil products. There has been no official confirmation of the report but the daily claims the new regulations will go into force upon announcement in the National Gazette. Before the latest decision, oil imports in Bosnia-Herzegovina had to meet quality standards adopted by former Yugoslavia, which allowed sulphur levels in fuel of up to 0.2%. The current European standards are much stricter and allow sulphur levels of between 0.035 and 0.050%. Bosnian Treasury Minister Anto Domazet confirmed the European criteria would be introduced in his country as well. The level of sulphur of up to 0.050% will refer to regular fuel while the allowed level for eco-diesel and petrol will be 0.035%. The oil refinery in the northern town of Bosanski Brod has been given one year to adjust to the new production standards, but all importers will have to strictly abide by the new norms. The daily claims the Council of Ministers is determined to implement the new measures even if it affects the only domestic refinery, which will be forbidden to sell oil products if it fails to meet the said standards. It is certain that the Croatian Oil Industry (INA) refinery in Sisak will have to seek new markets very soon. The oil produced at Sisak still contains sulphur levels of 0.2%, which will soon no longer be wanted in Bosnia. (hina) rml

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