Browsing: oil reserves

The Hydrocarbons Directorate of Montenegro has issued a public call for bids to store part of the country’s mandatory fuel reserves, in line with the Law…

From February 11 to September 16, Montenegro collected €8.45 million from the mandatory oil reserves fee included in fuel prices, and the Ministry of Energy and…

Montenegro’s Hydrocarbons Administration will purchase its first portion of oil reserves in the fourth quarter of this year, according to the Ministry of Energy and Mining.…

Montenegro may store its mandatory oil reserves abroad—in Italy, Croatia, Slovenia, or Greece—if an agreement cannot be reached to keep them in the Jugopetrol reservoirs in…

The Government of Montenegro has adopted several important decisions during its latest session. The 2025 Annual Plan for Compulsory Oil Reserves was approved in accordance with…

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,…

In Montenegro, new fuel prices will take effect. The price of BMB 95 and 98 gasoline will increase by two cents per liter, while the price…

Oil reserves are being formed through a surcharge on retail prices, which will be paid by the final consumer, economic analyst Oleg Filipović stated. He added…

The Ministry of Mining, Oil and Gas has announced a tender for the adaptation of oil derivatives storage tanks at the Port of Bar. The value…

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…