Montenegro Seeks Participation in TAP project
Montenegrin newspaper Dnevne Novine provided a front page focus on the prospects of the Balkan country joining the Trans-Adriatic Pipeline project. (TAP).
Discussions on Montenegro’s participation will be held at a meeting of representatives of the Balkan countries in Vienna.
Montenegro can achieve multiple benefits stemming from the development of the Trans-Anatolian (TANAP) and Trans-Adriatic (TAP) pipeline projects commented the Minister of Economy, Vladimir Kavaric, to Natural Gas Europe earlier this year.
Montenegrin officials see the projects as providing an opportunity to collect substantial funds from transit fees, but also that the construction of gas infrastructure will create conditions to allow a clean and cheaper energy source to be delivered to industry and households. In addition, there are hopes for commercial discoveries of natural gas offshore Montenegro.
Montenegro, the smallest country in the Western Balkans with only 600,000 inhabitants, does not have developed gas infrastructure. Officials hope that with participation in regional gas projects such as TAP and exploration on its part of the Adriatic coast – that can be changed.