Bosnia and Herzegovina: G-Petrol’s oil terminal on lease

, SEE Energy News

In order to lease an oil terminal in Bosnia and Herzegovina for a period of five years, Bosnian fuel retailer G-Petrol launched a tender according to which the minimum storage capacity of the terminal should be 3,000 cubic meters, with obligatory railway access. The lease should start on 1 September. Deadline for the submission of offers is 23 July.

G-Petrol is owned by Serbian oil company NIS, which is majority owned by Russian Gazprom. The company operates a network of 31 petrol stations in Bosnia and Herzegovina.

With revenues of around 190 million euros in 2020, G-Petrol is the fourth largest fuel retailer in BiH, behind Holdina, Optima Group and Hifa Oil.