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Montenegro issues tender for storage of mandatory fuel 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...

Montenegro delays oil reserves plan, government moves to secure diesel procurement and storage

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...

Montenegro to begin building oil reserves with EU support and new storage plans

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...

Montenegro considers storing mandatory oil reserves abroad amid delays in domestic storage facilities

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...
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Government adopts key measures on oil reserves, tax reform, tourism and forestry

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...

Montenegro strengthens energy security with strategic oil reserves and new coordination council

Close coordination between state institutions and economic entities is essential to ensure an efficient and timely response to challenges in the energy sector, said...
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