Montenegro: Gasification action plan in progress, possibility of building a gas power plant in Bar

10. June 2014. / SEE Energy News

With the gas arrival, the Montenegrin industry will be able to use cheap energy and the highest expectations of this energy has the company “UNIPROM” from Niksic, the new Aluminum co KAP owner o, which has plans to use this much cheaper energy source instead of electricity. In addition to the Montenegro gasification goes the fact that the tender for oil exploration is underway in our seabed and prospects show that Montenegro has reserves of 200 billion cubic meters of gas.

Master plan of Montenegro gasification will be ready next year, but that does not mean that gas will arrive next year, said Director of the Directorate of Mines and Geology of the Ministry of Economy Vladan Dubljevic.
According to the current Regional Plan , there is a possibility of building a gas power plant in Bar, which would spend about 800 million cubic meters of gas and produce 3 billion kilowatt-hours of energy.
At the same time, the feasibility study for the construction of the Adriatic- Ionian pipeline that will pass through Montenegro should be ready soon.

With the arrival of the gas , the Montenegrin industry will be able to use cheap energy and the highest expectations of this energy has the company “UNIPROM” from Niksic- which has plans to use this much cheaper energy source instead of electricity.

In addition to the Montenegro gasification goes the fact that the tender for oil exploration is underway in our seabed and prospects show that Montenegro has reserves of 200 billion cubic meters of gas.
According to the basic study elements, into which the Portal Analitika had the insight, length of the pipeline through Montenegro is 94.1 km and the estimated project value is 118.6 MEUR.

For the construction of the feasibility Study Montenegro accepted the pipeline to enter near Anomalsko field (Ulcinj), then towards Bar, from there by underwater section to Lustica, then over Lustica again beneath the sea to Croatia.

Drafting of the feasibility study for the IAP is underway, worth 3.5 MEUR, and contractor is COWI and IPF Consortium. The feasibility study also includes a strategic assessment of project impacts on the environment and society, as well as proposed business model for the project.

It is expected that the feasibility study will be completed during the second quarter of 2014th.
According to earlier estimates, passing of the Trans- Adriatic Pipeline (TAP – IAP) through our territory will provide us about 21MEUR annually in the name of transit tax. Specifically, in the first few years after the pipeline release, it is planned the flow of about two to 2.5 billion cubic meters of gas per year through Montenegro. If we take into account that the tariff for 60 to 70 kilometers of the pipeline through Montenegro is about 1 cent per cubic meter, we do calculations that we will get an average income of around 22.5 MEUR per year from transit fees. Again, if we calculate that annual pipeline maintenance costs about 1.5 MEUR, then the net profit of Montenegro amounts to 21 MEUR.

Trans – Adriatic Pipeline is 520 km long pipeline that will transport natural gas from the huge gas field Sahdeniz in the Caspian Sea, which belongs to Azerbaijan, via Greece, Albania and the Adriatic Sea to southern Italy and further into Western Europe. TAP is a consortium of European energy leaders: the Swiss EGL, Statoil from Norway (each of them has 42.5 percent of stake) and E.ON Ruhrgas from Germany, which has a 15 percent of the stake in the project. It is estimated that TAP pipeline should be carried out the first gas delivery in 2018th. TAP IAP project is the competition to the Russian project ” South Stream ” , in order to reduce Europe’s dependence on Russian gas .

Download as PDF :

Download PDF