G-Petrol d.o.o. Sarajevo filed with the State Electricity Regulatory Commission (SERC) the application for issuance of a temporary license for performance of the international electricity trading activity.

The Company was entered in the Register of Business Entities of the Municipal Court in Sarajevo under the company registration number (MBS): 65-01-0638-11. The founder of the Company is NIS PETROL Društvo sa ograničenom odgovornošću (Limited Liability Company) Banja Luka, Kralja Nikole 26, Banja Luka.

SERC will decide upon a complete and formal application presenting all required facts and evidence, in accordance with its rules and regulations through the procedure without holding a formal hearing. Interested parties may object to this decision of SERC.

The application has to verify technical, legal and financial capabilities of the applicant to fulfill all the criteria, conditions and standards prescribed by the Law on Transmission of Electric Power, Regulator and System Operator of Bosnia and Herzegovina and the Licensing Rule. These criteria are conducive to the creation of conditions for unlimited and free trade and continued electricity supply in accordance with the defined quality standard to the benefit of BiH citizens, and the creation of the electricity market. SERC is free to include in the licensing conditions requirements reflecting the relevant acquis communautaire of the European Union and contributing to the objectives of laws of Bosnia and Herzegovina as well as rules and regulations of SERC.

The persons interested in acquiring intervener status in the licensing procedure may file a written request with SERC no later than 5 June 2016. Intervener status may be granted to a person who proves a direct interest in the licensing procedure, which differs from the general public interest.

The application and other documents may be seen at the SERC premises by 5 June 2016, which is also the deadline for submitting written comments pertaining to the subject of the procedure at the SERC address: State Electricity Regulatory Commission, 75 000 Tuzla, M. Jovanovića 4/II, fax: 035/302-077, email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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