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IAP expected to cost 120 million euros

The Ionian Adriatic Pipeline (IAP) would cost around 120 million euros. This is the conclusion of the Montenegrin Ministry of Economy based on projections from a previous analysis. Connecting Montenegro, Albania, Greece and Italy to…

The shale oil ponzi scheme explained

Few Americans realize that the U.S. economy is being propped up by the Shale Oil Industry. However, the shale oil industry is nothing more than a Ponzi Scheme, so when it collapses, it will take down the U.S. economy with it. Unfortunately,…

TAP project is 72.5% complete says President

The Trans Adriatic Pipeline (TAP) project, which envisages transportation of Azerbaijani gas to Europe, is over 72.5 percent complete, TAP President Walter Peeraer said in an interview with Trend. “The Trans Adriatic Pipeline is on…

Gov’t approves loan for dam safety in Albania

The Council of Ministers has approved the loan agreement between Albania and the International Bank for Reconstruction and Development for the second extension of the project to finance dam safety. This loan amounted to 12 million euros…