Tag: mandatory oil reserves

Montenegro relaunches tender for strategic oil reserves with strict non-Russian fuel clause

Montenegro’s Hydrocarbons Administration has issued a second tender worth approximately €11 million for the procurement of the first tranche of the country’s mandatory oil...

Strategic oil reserves and energy security reshape Montenegro’s fuel policy

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...

Montenegro to complete procurement of mandatory state oil reserves by mid-2026

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...
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