Bosnian firm with no energy track record secures $1B pipeline deal via Trump lawyers
A Bosnian company with ties to Trump's allies is close to securing billion-dollar energy contracts, raising transparency concerns. The project aims to reduce Balkan reliance on Russian energy.

A company from Bosnia and Herzegovina is poised to secure contracts exceeding one billion dollars for strategic energy projects in the Balkans. This development is set against a backdrop of geopolitical intrigue and economic ambition, as AAFS Infrastructure and Energy, connected to associates of former US President Donald Trump, prepares to build and operate a gas pipeline linking Bosnia and Herzegovina to Croatia's coastal energy terminals. The pipeline is designed to facilitate the import of natural gas from the United States, aiming to decrease the region's dependence on Russian energy supplies.
An anonymous Bosnian official described the initiative as "probably the most important infrastructure investment in the history of Bosnia and Herzegovina," according to an investigation by The Guardian. However, AAFS's lack of experience in large-scale energy projects prompts questions about its capability to manage such a significant undertaking. Represented by American lawyer Jesse Binnall and Joe Flynn, brother of former Trump national security advisor Michael Flynn, AAFS has deep connections within US Republican circles.
Both representatives have been involved in efforts questioning the legitimacy of the 2020 presidential election results. This association with Trump's allies has reportedly garnered support from the Trump administration, which views the project as a critical element in its strategy to counter Russian energy influence in Southeast Europe. This plan to connect Bosnia to Croatia's energy infrastructure has been in discussion for several years, enjoying bipartisan support in Washington.
Under the Biden administration, the project was slated for implementation through Bosnia's national gas company. However, political disagreements among the country's ethnic leaders have repeatedly stalled progress. Some Bosnian officials believe that the involvement of a company close to the current US administration could expedite the project.
The total investment, including the gas pipeline and the construction of three power plants, could exceed 1.2 billion euros, according to documents reviewed by The Guardian. Yet, the manner of AAFS's selection has drawn criticism. In March, Bosnian authorities passed legislation that directly awarded the contract to AAFS without a public tender.
Transparency International has warned that bypassing competitive bidding could invite corruption in a country already grappling with governance issues. The European Union has expressed reservations about this process. The EU Ambassador in Sarajevo has communicated to Bosnian political leaders that any significant shift in the country's energy policy requires coordination with Brussels.
The US administration, however, maintains that the project will strengthen Bosnia and Herzegovina's energy independence, as echoed in a statement by the US Embassy in Sarajevo in April. Currently, Bosnia relies almost entirely on Russian natural gas. The agreement of Bosnian Serb leaders is important for the project's advancement.
Attention is particularly focused on Milorad Dodik, the nationalist leader of the Bosnian Serbs, known for his close ties to Moscow. In recent years, Dodik has been sanctioned by the Biden administration for corruption and undermining Bosnian state institutions. However, with Trump's return to the White House, Dodik's relations with Republican circles have improved.
According to The Guardian, Michael Flynn was among the consultants involved in lobbying efforts to secure support for Dodik from the new US administration. Following a visit by Donald Trump Jr. to Bosnia, Dodik signaled he would not obstruct the pipeline's development.
This shift in stance could pave the way for AAFS Infrastructure and Energy and its American partners to assume control of one of the Balkans' most important energy projects. As this complex geopolitical and economic drama unfolds, the next steps will be closely watched by international observers. The project's progression hinges on navigating the intricate web of political allegiances and regulatory hurdles, with significant implications for the region's energy field and its relations with major global powers.
Sursă: adevarul.ro
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