Montenegro is progressing towards establishing its mandatory 90-day strategic petroleum reserve, with private fuel companies having fulfilled their assigned stockholding obligations and the government preparing a…
Browsing: energy security
Montenegro is carrying out a €2.2 million rehabilitation and upgrade of three state-owned petroleum storage tanks at the Port of Bar, with the facilities being prepared…
The Montenegrin government has sanctioned a €40 million borrowing package for Elektroprivreda Crne Gore (EPCG), the state-owned utility, highlighting the critical role of energy infrastructure in…
Montenegro is making strides in bolstering its energy security through the establishment of a formal system for strategic reserves of petroleum products. This initiative is aimed…
As Montenegro approaches 2030, energy security has become a critical macroeconomic concern for the nation. Although the current electricity generation capacity meets domestic demand, issues such…
As Montenegro approaches 2026, its energy landscape reveals a complex interplay between nominal independence and significant structural dependence on regional power markets. Despite owning key generation…
The boards of directors of the European Investment Bank (EIB) and the European Investment Fund (EIF) have approved a total of €9.2 million in new financing…
Nearly half a century after the construction of the Piva hydroelectric plant, Montenegro has launched a new project aimed at enhancing energy security, economic development, and…
Close coordination between state institutions and economic entities is essential to ensure an efficient and timely response to challenges in the energy sector, said Admir Šahmanović,…
Montenegro will begin forming its strategic oil reserves as early as next year, a key step in ensuring energy security and price stability, according to Zorana…
