Podgorica, (MINA-BUSINESS) – The Energy and Water Regulatory Agency (REGAGEN) has issued Jugopetrol a licence for transporting petroleum products by transport vehicles.

The REGAGEN Board adopted the decision at its meeting on Thursday.

The license is issued for the period from 1 October of this year until 30 September 2035.

“The license holder is obliged, if intending to continue performing the licensed activity after the license expires, to submit a request for reissuance 60 days before the expiration date,” the regulator’s decision states.