Admir Šahmanović, recently appointed as Montenegro’s Minister of Energy, who also oversees mining, oil and gas, announced his strong initiative to launch the construction of a second submarine cable to Italy. He emphasized that this is not only an infrastructure project but also a geopolitical one, aiming to further position Montenegro as a stable partner and an energy link between the Western Balkans and the European Union.
He stressed that such projects require careful planning and time, but underlined the importance of beginning the necessary preparatory activities as soon as possible.
Addressing the Carbon Border Adjustment Mechanism (CBAM), Šahmanović pointed out its growing significance. Full implementation of CBAM is expected on January 1, 2026. He warned that, without proper agreements and transitional support, CBAM could have serious economic consequences not only for Montenegro but for the entire Western Balkans region. He highlighted that even a delay of two to three years in implementation could result in hundreds of millions of euros in additional costs.
He called for a responsible and cooperative approach, emphasizing that the energy transition must be fair, predictable, and jointly planned. At the recent ESG Adria Summit in Tivat, Šahmanović advocated for necessary financial and technical support from EU institutions. He acknowledged Montenegro’s obligations while also pointing out the country’s limitations.
The Ministry has already initiated a strong legislative cycle, having adopted two key laws—on renewable energy sources and on energy itself—establishing a clear development path. The next step involves adopting more than 50 by-laws in a short period, which will help integrate Montenegro into the EU energy market and signal the country’s commitment to serious reform.
Šahmanović stated that Montenegro aims to become a regional leader in the energy transition. The focus is on strengthening renewable energy projects, viewing them as economic, developmental, and ecological opportunities. Alongside this, the government continues to promote energy efficiency programs in both households and public institutions, especially in healthcare and education. Investments in energy efficiency reduce costs, cut CO2 emissions, and improve the quality of life for citizens.
He also emphasized the social aspect of the transition. A fair transition must be inclusive, especially in areas like Pljevlja and the northern regions of the country. Work is already underway to establish part of the mandatory oil reserves and prepare two key laws related to the exploitation of mineral resources. Discussions have begun on the potential revitalization of the Berane mine to ensure balanced regional development.
Šahmanović expressed confidence in the country’s potential and in people who see opportunity in the ongoing transformation. He stated the need for responsible and fair energy policy.
He concluded by saying that the energy sector faces many challenges. Montenegro’s energy policy is entering a new phase—one that requires making significant decisions, modernizing the system, and balancing European integration goals with the country’s development needs. While the EU sets ambitious targets that Montenegro supports, the country must also address its current limitations, including insufficient infrastructure and the need for stronger international support.
