Importers formed 40 percent of oil reserves

"In the event of any disruption in supply, we would be able to function for 35 days without any problems," said Zorana Sekulić from the Ministry of Energy.

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Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Importers of petroleum products have formed 40 percent of oil reserves, said Zorana Sekulić from the Ministry of Energy, while appearing on "Colors of Morning".

"In the event of any disruption in supply, we would be able to function for 35 days without any problems. The reserves were formed by Jugopetrol, Ina and Petrol, the largest importers of petroleum products. The largest amount of reserves is in Montenegro in the finished product, and part is in the form of tickets in Croatia," she stated.

As for the remaining 60 percent of reserves that should be formed by the state, namely the Hydrocarbons Administration, a tender for the selection of a storage facility will be announced by the end of the week, because the state-owned storage facilities have not yet been reconstructed.

"On Monday, we announced a third public call in the hope that this time we will choose a contractor, and in the meantime we have to rent a warehouse. We will primarily focus on Montenegro. Jugopetrol is the only company in Montenegro that has a warehouse with the capacity needed to store reserves. If their offer is not appropriate, then the choice will be Croatia or Italy. Initial negotiations have already been carried out," said Sekulić.

Sekulić pointed out that reserves should be formed by the end of the year and that nine million have been collected for these needs so far, based on the fee paid by citizens.

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