Focus on Energy, 2010 - Karanovic & Nikolic

36FOCUS ON ENERGYments with respect to the environmental protection, consumer protection, competition of the market,etc.). The KRO is obliged to pass an annual report on its work to the Kosovo Government.The construction of a new generating capacity, new gas transmission and distribution networks and directpipelines for the transit of gas in Kosovo may be obtained through two separate procedures. There is anauthorizing procedure and a tender procedure. The authorizing procedure is basically obtained if the interestedsubject meets the below listed criteria for the issuance of a license. The tender procedure only takesplace if the authorizing procedure has failed.Licenses for the transfer, accumulation, supply, trade, and cross border transit of gas may be obtained byan energy company that holds a license issued by the REOK. The two required licenses can be obtained followingan 80 day procedure which results in the granting of one license for the whole territory of Kosovofor the transmission network operator of gas; and a second license for a distribution network operator ofnatural gas covering each distinct territory in Kosovo.The energy company must meet certain general criteria in order to obtain such licenses. It must:1. Possess a sufficient level of technical and financial capabilities; have sufficient material and humanresources and it must have the requisite organizational structure for meeting the regulatory requirementsunder the license;2. Hold property rights over (or a legal right to use) the energy facilities needed to perform the activity;3. Provide evidence that the energy facilities meet the requisite safety and environmental protectionrequirements;