Licence Application Process
Applications are submitted through EPRA's online portal under the "Import, Export and Wholesale of Petroleum Products (Except LPG)" category. The process is more rigorous than other petroleum licences, reflecting the strategic importance and higher risks associated with this sector. EPRA conducts thorough background checks, financial assessments, and technical evaluations.Fee Structure
No fees are charged for Petroleum Business Licences issued by EPRA. Despite the high-value nature of import/export and wholesale operations, EPRA maintains its fee-free policy for all petroleum business licences.Documentary Requirements
Applicants must provide comprehensive documentation, including:- Certificate of Incorporation and business registration
- CR12 and director identification (with enhanced due diligence for foreign directors)
- Tax Compliance Certificate
- Audited financial statements for the past 3 years
- Proof of adequate storage facilities (minimum capacity requirements)
- Import/export permits from relevant authorities
- Customs and excise registration
- Proof of compliance with international trade regulations
- Environmental management plans
- Safety and security management systems
Cost Considerations
The indirect costs for import/export and wholesale operations are substantial:- Large-scale storage terminal construction or leasing
- Customs bonding and surety requirements
- International quality and quantity certification
- Advanced inventory management systems
- Compliance with international trade agreements
- Foreign exchange and financial risk management
- Legal and regulatory compliance costs