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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...

Montenegro implements new fuel prices and begins formation of strategic oil reserves

In Montenegro, new fuel prices will take effect. The price of BMB 95 and 98 gasoline will increase by two cents per liter, while...

Montenegro to raise fuel prices for oil reserves formation amid global crisis

Oil reserves are being formed through a surcharge on retail prices, which will be paid by the final consumer, economic analyst Oleg Filipović stated....

Montenegro launches tender for oil reserves storage tanks in Port of Bar

The Ministry of Mining, Oil and Gas has announced a tender for the adaptation of oil derivatives storage tanks at the Port of Bar....
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Montenegro to start building strategic oil reserves in 2025 for energy security

Montenegro will begin forming its strategic oil reserves as early as next year, a key step in ensuring energy security and price stability, according...

Montenegro set to establish first oil reserves by mid-next year

Montenegro is expected to receive its first oil reserves in the first half of next year, with an investment of €7.5 million, according to...
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