Browsing: mandatory oil reserves

Montenegro’s Hydrocarbons Administration has launched a second tender valued at approximately €11 million for the procurement of mandatory oil reserves, specifically targeting 19.6 million litres of…

Montenegro’s move toward establishing mandatory oil reserves signals a shift in how the country approaches energy security and fiscal risk management. While often framed as a…

The procurement of Montenegro’s mandatory state oil reserves will be completed in the first half of 2026, the Hydrocarbons Administration told Dan. The Administration stated that…