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Albania Launches Drive Against Power Thieves
Inspectors from Albania’s electricity distribution company, OSHEE, aided by police, have launched a massive operation to ascertain illegal connections to the grid.
The government says that those found stealing electricity will be…
EBRD helps Albania on clean energy sources
The most important source of electricity in Albania is the Komani hydro power plant in the mountains of the Puka region. Here, pine trees and bare limestone dot the hills around Lake Koman, itself the result of past construction of a dam.…
Big investment in Kosovo power sector
The European Bank for Reconstruction and Development (EBRD) is supporting improved energy security in the Western Balkans with its first large investment in Kosovo’s power sector, which aims to improve the stability and reliability of the…
TAP issues Invitations to Tender
Trans Adriatic Pipeline AG (TAP) has issued the first major Invitation to Tender (ITT) for the construction of the onshore section of the pipeline. This is an Engineering Procurement Construction (EPC) contract, which may be split into…
Enagas joins TAP project
Trans Adriatic Pipeline AG (TAP) announced today that Enagás has joined the project as a new shareholder with a 16% stake in the company. In addition, existing shareholder Fluxys has increased its stake in TAP from 16% to 19%.
The new…
World Bank approves project for Albania’s power sector
The World Bank’s Board of Executive Directors today approved US$150 million in IBRD financing for the Power Recovery Project in Albania. The project will support Albania’s power sector reforms, particularly to improve the reliability of the…
Greece Grants TAP 50-year Licence
Trans Adriatic Pipeline AG (TAP) has been awarded a 50-year licence for an Independent Natural Gas System (INGS) in Greece, reads a statement of the project to transport gas from Shah Deniz II field in Azerbaijan to Europe.
‘The INGS…
Aliyev: No losers in Southern Gas Corridor’s launch
The Southern Gas Corridor project is very beneficial for the partner countries, Azerbaijani President Ilham Aliyev said in Baku Sept. 20, at a ceremony marking the 20th anniversary of the ‘Contract of the Century’ and laying the foundation…
TAP confirms Italian approval of Environmental Impact Assessment
Rome, Italy. The Minister of Environment, Gianluca Galletti, has signed the Decree of environmental compatibility of the project submitted by Trans Adriatic Pipeline AG (TAP) for the Italian section of the pipeline, concluding another major…
Albania Minister of Energy maps out extractives reform
Albania has released its 2011 EITI Report, its first under the EITI Standard, which details revenue from the country’s oil, gas and mining sectors.
The government is planning wider sector reforms, addressing issues highlighted in the…