Through the development of a strategy for the use of hydrogen, as an energy source of the future, Montenegro will continue the development of policies to reduce the use of fossil fuels and become an important partner of the European Union (EU) in the energy transition, announced the Minister of Mining, Oil and Gas, Admir Šahmanović.
Šahmanović, together with experts from Serbia, the region and Germany, participated in the conference Energy Policy of the Western Balkans in Belgrade, under the auspices of the Konrad Adenauer Foundation and the RESECO organization.
"The need for cross-border cooperation, the transition to renewable energy sources and greater investment in modern infrastructure are the main conclusions of the conference," the Ministry announced.
Šahmanović referred to key projects and strategic opportunities for Montenegro, among which are the diversification of energy resources, adaptation to changes in the energy market and ensuring energy stability through renewable energy sources.
He presented the new Law on Security of Supply of Oil Derivatives in Montenegro, which foresees mandatory reserves for 90 days.
Part of these reserves will be stored in Montenegro, while the rest will be secured through international agreements.
Šahmanović particularly emphasized the importance of the Trans-Anatolian Adriatic-Ionian gas pipeline, which will connect Albania, Montenegro and Croatia with Western Europe, using adaptable materials for the transport of hydrogen.
Also, the research of the Adriatic seabed was announced, in order to assess the hydrocarbon potential.
During the discussions, the participants shared insights on the challenges of the green transition, dependence on fossil fuels and the need to invest in infrastructure for renewable energy sources.
It was established that for a successful transition to sustainable energy models, it is necessary to include the private sector, with the support of international partners.
Director of the Konrad Adenauer Foundation for Serbia and Montenegro, Jakov Devčić, emphasized the importance of dialogue on energy diversification in the light of global challenges, stressing the importance of the intersection of knowledge and experience, especially in the area of the Western Balkans.
The conference served as a platform for the exchange of knowledge and experience, confirming that the joint work of the countries of the Western Balkans has a key role in strengthening the energy stability and sustainability of the region.
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