Romania: Natural gas prices...

On 10 February, natural gas prices on Romania's day-ahead market, operated by the...

Romania: Tuzla-Podisor gas pipeline...

The inauguration of the Tuzla-Podisor gas pipeline marks a significant milestone, with nearly...

Romania: Retele Electrice invests...

In 2024, Retele Electrice Romania, part of the PPC group, invested 240 million...

Montenegro: Household electricity bills...

In January 2025, the average electricity bill for households in Montenegro amounted to...
Supported byClarion Energy banner
HomeUncategorizedMontenegro: Government signed...

Montenegro: Government signed MoU on the construction of LNG terminal and gas-fired plant

Montenegrin Government has signed a Memorandum of Understanding on the construction of the liquefied natural gas terminal and gas-fired power plant in Bar with USbased companies Enerflex Energy Systems and Wethington Energy Innovation.

The project will help ensure the country’s energy security, the government said in the statement. It will take two years from the start of the construction to the facilities becoming fully operational, according to Prime Minister Dritan Abazovic.

Enerflex estimates that the investment in the LNG terminal project would be between 130 and 250 million euros. According to the initial proposal, the offloading pier would be able to handle 25,000 barrels of oil equivalent per hour. The storage facility would have a capacity of 250,000 barrels of oil equivalent.

The MoU also envisages the construction of a combined cycle gas-fired power plant with a capacity between 240 and 440 MW in the vicinity of the terminal. Total investment in the plant should amount between 100 and 500 million euros, depending on the installed capacity. The power plant will use General electric equipment.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Montenegro: Household electricity bills rise slightly in January

In January 2025, the average electricity bill for households in Montenegro amounted to 46.16 euros, marking a 0.6% increase compared to December 2024 (45.86 euros) and a 2.9% rise from January 2024 (44.84 euros). The lowest average monthly bill...

Montenegro: EPCG launches tenders for design studies of new Kapino Polje solar power plants

Montenegrin state-owned power utility EPCG has announced the launch of two identical tenders for the development of main project design studies for the proposed Kapino Polje L1 and Kapino Polje L2 solar power plants, each with a capacity of...

Montenegro: EBRD invests €35 million to digitalise power grid and boost energy efficiency

The European Bank for Reconstruction and Development (EBRD) is taking significant steps to support Montenegro's energy transition with a €35 million loan to Crnogorski Elektrodistributivni Sistem (CEDIS), the country's distribution system operator (DSO). This funding will be used for...
Supported bySEE Mining News
error: Content is protected !!