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Two third of TAP route cleared in Albania and Greece

More than 500 kilometers out of 765 kilometers of the Trans Adriatic Pipeline’s (TAP) route has been cleared in Greece and Albania, which is 2/3 of the pipeline’s length in those two countries, TAP AG consortium said on its Twitter page.…

Increasing interest in solar power

There is an increasing interest of Albanian enterprises for building photovoltaic parks throughout the country. Solar energy has received a lot of attention as the government decided to target energy production from alternative sources…

Albania will become a leader in the oil sector

Prime Minister Edi Rama was one of the speakers at the World Petroleum Congress in Istanbul. Rama stressed that the Albanian government has set the oil and energy industry as one of its key priorities. According to the prime minister,…

Petromanas leaving Albania

The international oil exploration company Petromanas Energy has definitely closed its branch in Albania. On June 12, Petromanas Albania filed an official request at the National Business Center to liquidate its office in Albania.…

OSHEE buys energy at 52.7 euro/mwh

The Electricity Distribution Operator has announced the winning bids of companies which were offered at auction for the latest power purchase. The distribution company asked for the period 1 to 31 July to buy in the unregulated market…

Ministry paves way for 14 mining permits

The Ministry of Energy and Industry has declared 14 other mining areas for expression of interest from interested companies. Interested businesses must submit their bids by the end of June, specifically at 27,28 and 29 June, specified…

Mining royalties on the rise by 9.1%

One of the sections with positive results in the revenues of the state budget is that of the royalty payments from the mining industry. The preliminary data published by the Ministry of Finance show that revenues from royalty payments in…