Montenegro as a wind...

Montenegro is not the largest renewable market in Southeast Europe. It does not...

De-risking wind in Southeast...

From an Owner’s Engineer’s vantage point, Southeast Europe’s onshore wind market is entering...

Investor brief: How risk...

Investing in a wind park is fundamentally about converting a natural resource into...

The Balkan grid at...

As winter settles across South-East Europe, the region’s electricity landscape enters a season...
Supported byClarion Energy
HomeNews Serbia EnergySerbia: Delay in...

Serbia: Delay in the construction of gas storage facilities

The editor of the portal “Energija Balkana” Jelica Putniković stated that Serbia is late with the construction of storage for crude oil.

She pointed out, however, that it is good that work has started on this because it means additional energy security for the economy and citizens.

Putniković said that Serbia long ago undertook to provide mandatory reserves of crude oil and derivatives until December 31st, 2022, but that it was only this year when Europe began to be afraid that there could be shortages of crude oil and derivatives, and we started thinking about making bigger reserves.

“The construction of oil derivatives storage tanks in Smederevo, as recently announced by the Minister of Energy Dubravka Đedović, which will be able to store 100,000 tons of crude oil, shows that the state is now making up for what it should have started with earlier and Serbia will very soon fulfil the condition that has crude oil reserves for 90 days,” said Putniković.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

The competitive edge: How Clarion’s EPC execution framework helps Serbia attract international capital and technology

As competition for investment intensifies across Central and Southeastern Europe, Serbia must distinguish itself not only through incentives and geography, but through execution capability. Global investors increasingly prefer markets where risk can be measured, controlled, and contractually allocated. They invest where...

Bankability starts with engineering: Why lenders are now demanding EPC risk matrices, ITPs and grid readiness in Serbia

Project finance is changing rapidly. What lenders once accepted as “EPC contractor reputation” has evolved into a rigorous, quantifiable requirement: engineering traceability, risk transparency, and asset-level assurance. Lenders across Europe and the Western Balkans are tightening due-diligence criteria as energy markets...

Engineering certainty in an uncertain world: Why Serbia’s energy & industrial projects now depend on professional EPC risk governance

Serbia is entering the most aggressive investment cycle in its modern energy and industrial history. Billions of euros in renewable assets, grid infrastructure, industrial expansion and high-tech facilities are converging on a system still adapting to European standards, rapid...
Supported byVirtu Energy
error: Content is protected !!