Tag: oil reserves

Minister of Mining,oil and gas: Oil reserves to depend on future fuel prices

The timeline for establishing oil reserves will largely be influenced by future fuel prices, according to Admir Šahmanović, the Minister of Mining, Oil and...

Montenegro to invest €44.5 million in oil reserves by 2028

Montenegro will need €44.5 million to establish oil reserves by the end of 2028. Of this amount, €7.5 million has been secured as a...

The settlement of the dispute with Jugopetrol is on the horizon

Two decades since the beginning of the dispute with Jugopetrol and seven years since the final judgment by which the reservoirs in Bijelo Polje,...

Montenegro, Fuel as a liquid gold: Strategic reserves should be formed

Although both this and the previous two governments (Duško Marković and Zdravko Krivokapić) announced the formation of a strategic fuel reserve, in order to...
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If there is a supply disruption, all obligations and costs for the state’s oil reserves are transferred to gas stations

The Ministry of Capital Investments (MKI) has prepared a draft law on the supply of oil derivatives in the event of a supply disruption,...
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