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...
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...
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...
