The US Department of Energy (DOE) has announced the conclusion of multiple agreements between US companies and Balkans countries. Contracts valued at billions were finalized by Croatia, Bosnia and Herzegovina, and Albania (U.S. DOE press release, 28/04/2026).
Croatia and Bosnia and Herzegovina have agreed to construct the Southern Interconnection Gas Pipeline, connecting Bosnia and Herzegovina to Croatia’s gas infrastructure and the LNG terminal on the Adriatic island of Krk. Bosnia and Herzegovina has selected AAFS Infrastructure and Energy, a US-based firm, as the investor and developer for this initiative. The US company committed to investing approximately USD1.5bn in the project. Currently, Bosnia and Herzegovina relies almost entirely on Russia for its gas imports, delivered through pipelines via neighboring Serbia and Bulgaria along the TurkStream corridor.
Croatia and the United States also released a joint declaration on collaboration in civilian nuclear energy, including the deployment of US small modular reactor (SMR) technology in Croatia.
Additionally, in Albania, Venture Global and Aktor LNG USA signed a USD6bn, 20-year contract for LNG exports to Albania. Moreover, the country signed a memorandum of understanding to establish an energy hub in Vlora, featuring a gas-fired power plant, according to the US ambassador.