Uniprom Energy's goal is to locate and capitalise on opportunities / prospects for the development of the natural gas market in the Balkans (in general) and Montenegro (in particular). It is focused on the development of a new natural gas supply infrastructure to the Balkans, based on the region's need for ensuring energy stability and transition to an ecologically clean fuel.
The following key trends affect the growth of natural gas consumption:
-- Companies with the requirement of the EU Energy Strategy as a condition for the entry of the Balkan countries into the European Union
-- Expansion of natural gas infrastructure and LNG projects development in Europe
-- Positive economic effect for consumers when converting transport to gas engine fuel and power supply facilities for industrial and social enterprises from petroleum fuels to natural gas
-- Governmental support in many countries of the region (green tariff), municipal initiatives to transfer vehicles and public transport to natural gas
Boundaries for Entering Pipeline Natural Gas Market
-- Undeveloped natural gas transmission infrastructure (gas pipeline) – Serbia, Bosnia and Herzegovina, Croatia. However, Serbia is one of the European leaders in pipeless deliveries of CNG to industrial enterprises and transport
-- Absence of natural gas transmission infrastructure in Montenegro, Kosovo, Albania and Macedonia
-- Insufficient own gas production (Serbia) and its absence in other Balkan countries
-- Non-existence of any nearby LNG terminals
Montenegro is a strategic location for the construction of an LNG terminal and to be the basis of a future gas transportation infrastructure in the Balkans.
It is located near the regional natural gas consumption hubs, optimal logistics from the key LNG terminals: Fos-sur-Mer (France), Skikda (Algeria) and the non-existence of any nearby LNG terminals.