SARAJEVO (Bosnia and Herzegovina), August 25 (SeeNews) – Serbian oil and gas company NIS [BEL:NIIS] has listed for sale three petrol stations run by its Bosnian unit Gazprom Petrol, local media reported on Tuesday.
The petrol stations are located in Gracanica, Spionica and Tinja. Bidders can submit offers for each individual station or all three combined, news portal Indikator.ba reported.
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The bidding deadline is September 15.
NIS has said it plans to operate a network of 250 units under the Gazprom brand in Serbia, Bulgaria, Romania and Bosnia by the end of 2015. The Serbian company started developing a regional network under the premium brand in 2012. It also runs filling stations in the region under a budget brand, NIS Petrol.
At the end of March, NIS operated 35 filling stations in Bulgaria and Bosnia and Herzegovina each as well as 18 fuel stations in Romania with the company's retail fuel market share in those three countries standing at 4.2%, 9.6% and 0.7%, respectively.
NIS, 56.15%-owned by Russia's Gazprom Neft, is one of the largest vertically integrated oil and gas companies in Southeast Europe. Main activities include the exploration, production and processing of oil and gas, as well as the production and trade with a wide range of petroleum products.