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Trump-Linked US Company Insists on 50-Year Engagement in Gas Pipeline

AAFS Vice President Jesse Binnall, after a meeting with Federal Minister Vedran Lakić, stated that the company is focused on finalizing the contract soon, while Lakić emphasized that the project is not only energy-related but also a security one.

Foto: 33868219 na Pixabay
Summary
  • American company AAFS, linked to Donald Trump's circle, seeks a 50-year engagement in building the Southern Interconnection gas pipeline between Croatia and BiH.
  • Federal Minister Vedran Lakić emphasized that the project is crucial for energy security and more competitive gas prices for citizens and the economy.
  • The agreement was signed in April 2026 by Plenković and Krišto, and ratification in BiH institutions is underway.
  • With the project's implementation, BiH would gain access to the LNG terminal on Krk via Croatia, reducing its dependence on Russian gas.

The American company AAFS Infrastructure and Energy is not giving up on the construction of the Southern Interconnection gas pipeline between Croatia and Bosnia and Herzegovina, and plans to engage in the country for a period of half a century. This was stated on Wednesday, August 12, 2026, by the company's Vice President Jesse Binnall, a former attorney for US President Donald Trump, following a meeting with the Federal Minister of Energy, Mining, and Industry, Vedran Lakić.

From the ministry, it was announced that the talks focused on finalizing the remaining activities and signing the contract between the Federation of BiH and AAFS, which would regulate the implementation of this capital project. The statement notes that Binnall emphasized AAFS's insistence on concluding the contract with the Federation Government as soon as possible.

Energy Security Without Alternative

After the meeting, Minister Lakić stated that the contract must protect the interests of the Federation of BiH and ensure a stable gas supply from an alternative source at more competitive prices. "The Southern Interconnection is not just an energy project but also a security one. The contract must protect the interests of the Federation of BiH and ensure a stable supply of gas from an alternative source at more competitive prices for our citizens and economy," Lakić said.

Binnall emphasized his company's long-term commitment to this endeavor. "We continue to start work on this key project to deliver stable and competitive energy from various sources to the citizens of Bosnia and Herzegovina. Our company is focused on successfully concluding this contract and beginning a long-term, 50-year commitment to the people of BiH," Binnall said.

The statement did not clarify whether the mentioned 50 years refers to the duration of the concession for the construction and management of the pipeline. In previous discussions about the project, a 30-year concession was mentioned, but the contract details have yet to be defined.

Connections to Trump's Circle and the Path to Implementation

AAFS Infrastructure and Energy was founded in November 2025 in the US state of Wyoming. It is led by Joseph Flynn, the brother of Michael Flynn, who once served as Trump's national security advisor. Jesse Binnall, now in the role of investor, previously represented Trump's campaign in legal proceedings challenging the 2020 presidential election results in Nevada.

The Southern Interconnection plan aims to connect the gas networks of Croatia and BiH, which would give Bosnia and Herzegovina access to the LNG terminal on Krk via Croatian infrastructure, thereby reducing its complete dependence on Russian gas. The agreement on the pipeline's construction was signed on April 28, 2026, in Dubrovnik by Croatian Prime Minister Andrej Plenković and the Chairwoman of the Council of Ministers of BiH, Borjana Krišto. At the end of July, the Council of Ministers of BiH began the ratification process, and the agreement still needs approval from the BiH Presidency and both houses of the state parliament.

FAQ
What is the Southern Interconnection and why is it important? +
It is a pipeline project that will connect the gas systems of Croatia and Bosnia and Herzegovina, enabling BiH access to the LNG terminal on Krk and reducing its complete dependence on Russian gas.
Who are the investors from the American company AAFS? +
The company is led by Joseph Flynn, the brother of Michael Flynn, a former Trump national security advisor. Vice President Jesse Binnall was Donald Trump's attorney in the 2020 election challenge proceedings.
For how many years does the American company plan to engage in BiH? +
AAFS plans a 50-year commitment to the citizens of BiH, although it is not clarified whether this refers to the concession for pipeline management, given that a 30-year concession was previously mentioned.
What are the next steps for the project's implementation? +
After the ratification process was initiated in the Council of Ministers of BiH at the end of July 2026, the agreement still needs approval from the BiH Presidency and both houses of the state parliament.

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