LNG Alliance looks at Montenegro

Thursday, 20 January 2022
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Elektroprivreda Crne Gore AD Nikšić (EPCG), the Montenegran national energy company, signed a Memorandum of Understanding (MoU) with LNG Alliance on 8th December, 2021.

The MoU will lead to a detailed feasibility study to consider the construction of gas-fired power plants in Bar and Podgorica.

Once an adequate and feasible techno-commercial model is established, LNG Alliance will ensure the necessary conditions for investments in their development and the LNG import infrastructure needed.

Provided that the conditions for the project are met, the gas for both plants would be imported through a dedicated LNG terminal at Bar. LNG Alliance will be responsible for its construction.

"We invest into new sustainable projects and develop partnership for a greener future.

We are aspiring to create clean, affordable and reliable energy security in Montenegro," said EPCG and LNG Alliance in a joint statement. 

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