Southeastern power trade up, problems remain-CEZ

* More traders eye SEE power market

* Regulatory hurdles limiting even more liquidity

By Michael Kahn

VIENNA, Nov 5 (Reuters) - Liquidity in the southeastern Europe electricity market is rising despite regulatory roadblocks that dissuade many traders from coming to the region, CEZ's head of trading for the region said on Thursday.

Export fees, allocation of cross-border capacity and state control over prices are the three main obstacles that governments show no sign of addressing any time soon, Zsolt Bojtos, head of CEZ's southeast Europe portfolio, told Reuters.

"I'm pessimistic these obstacles will be resolved any time soon," he said on the sidelines of conference in Vienna. "In reality, there is not much going on."

Czech-based CEZ (CEZPsp.PR) -- which is a major player in southeastern Europe -- has its eye on a market many agree is poised for fast growth over the coming years as Balkan countries close the economic gap with western Europe.

The region also boasts a high number of shared borders with European Union countries, making it possible to ship power to Greece and power-starved Italy from other regions.