NewsConstruction of LNG terminal and gas power plant - Signing of memorandum...

Construction of LNG terminal and gas power plant – Signing of memorandum with two American companies tomorrow

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The Government of Montenegro and the companies Enerflex energy systems and Wethington energy innovation will sign a Memorandum of Understanding tomorrow regarding the provision of support for the improvement of the energy infrastructure in Montenegro.

As stated, these are projects for the construction of a terminal for liquefied natural gas in the Port of Bar, as well as the construction of the first gas-fired thermal power plant.

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The contract will be signed by Prime Minister Dritan Abazović, Phil Pyle on behalf of Enerflex Energy Systems and Olin Wethington from Wethington Energy Innovation.

The memorandum is an expression of the commitment of the signatory parties to start discussions and actions with the aim of realizing two energy infrastructure projects, namely the construction and installation of a fixed terminal for the import of liquefied natural gas in Montenegro and its further storage, regasification and transport, as well as the greenfield construction and installation project gas-fired thermal power plants in Montenegro, whose gas supply comes through the terminal for the import of liquid natural gas in Montenegro – it is stated in the Government announcement.

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As they reminded, at the session held on Thursday, May 11, the Government authorized Prime Minister Dritan Abazović to sign this Memorandum.


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