Tuesday, July 1, 2008

Bosnia's black gold

By Alan Fisher in Tuzla, Bosnia
MONDAY, JUNE 30, 2008
20:30 MECCA TIME, 17:30 GMT

Drive three hours north from Sarajevo, through the sweeping hills and valleys of central Bosnia and you arrive in the city of Tuzla.

It is a pretty enough place with its elegantly dressed people and numerous cafes, but this place could be about to undergo a remarkable transformation.

The talk here is about oil. Not just the prices which are affecting everyone but supplies, deep underground. It is nothing new. They have been talking about it since the 19th century, during the time of the Austro-Hungarian Empire.

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