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Meeting: May 7, 2019: Energy market outlook for the Balkans in an era of rapid change and energy transition

This interactive discussion of the Brussels Energy Club addressed the topic of:


Energy market outlook for the Balkans in an era of rapid change and energy transition


And took place on Tuesday May 7, 2019, 10.30-14.30  @ TUSIAD Avenue des Gaulois, 13, Brussels 1040


With special guest discussion opener:


Mr Davor Štern

Mr Davor Štern

Former-Minister of Economy, Energy and Trade  of Croatia

Former-CEO of Croatian Oil and Gas Company INA

European Parliament Candidate EP Elections 2019




Energy debates in Brussels often overlook the Balkans when discussing considerations of energy security, sustainability and energy transition. Yet this region of Europe is highly significant for the EU. The Western Balkans, being at the heart of South East Europe, are key for EU energy security discussions due to the proximity of large-scale energy transportation routes traversing the region, where the presence of Russia tends to be significantly felt. Diversification of energy supplies remains a pillar of the EU's Energy Union, with Brussels supporting a nascent LNG project in Croatia. Yet the region is home to some of its own major players in the energy sector, with increasingly visible investment projects on the horizon.  Which projects are likely to come onstream in the foreseeable future, and how are these likely to determine the fuel mix of some of the bigger countries of the region? 

Thank you for joining us at this membership meeting of the Brussels Energy Club for the lively discussion addressing these key questions. European Parliament elections candidate from Croatia, Davor Štern, led the discussion and provided a key note lecture on the topic of energy market outlook for the Balkans in an era of rapid change and energy transition. We also had Goran Radosavljevic from Serbia's Committee of the World Petroleum Council, who supported the discussion with his practical experience in this area. 


Speaker information

Brussels Energy Club is honoured to have Davor Štern as a speaker as Mr. Štern is considered to be the best connoisseur of the energy field in the region, with more than 40 years of experience in leading positions oil and gas sector in South East Europe, Russia and former USSR. He served as the CEO of Croatian national oil company INA — Industrija nafte in the late 1990s, with over 16,000 employees.  Mr. Stern was leading the integration team of the Russian TNK after it was purchased by BP in the early 2000s.  He worked in oil, gas and other commodity sourcing, traffic and trading in the former USSR.

Mr. Stern served as the head assistant of the Croatian MFA and the Minister of Economy, Energy and Trade in the late 1990s and as the elected member of the City of Zagreb Assembly with a 4 years" mandate until 2017.

Currently, he supports the Croatian Academy of Sciences and Arts in their Scientific Council, and works as an independent consultant on regional acquisitions in oil and gas industry, aluminum, banking and finance. Mr. Stern is one of Croatian candidates at the European elections 2019. He speaks English, Russian, German, Italian and Hebrew.


Further information

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