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Turkish chrome company has its Albanian concession extended
The concessionary company exploiting extraction of copper and chromium in the north of Albania has requested to extend the term of its concession by 12 years.
Although they had a range of concerns about the level of investment and…
TAP, ready to start second phase of construction
Trans-Adriatic Pipeline contractors have announced that 47% of the first phase of works in Greece and Albania has been completed so far.
So, about 370 kilometers of gas pipeline in both countries is ready for the second phase of works,…
Albpetrol issues “express of interest” for oilfields
State oil company Albpetrol announced that it has issued an invitation for express of interest regarding the blocks that were taken over in January this year by the company TransAtlantic Albania.
The blocks in question are Gorisht-Kocul…
New HPP along Shushica River
Just a week after the announcement of the winning company for the concession of the hydropower plant of Guri i Bardhe, the Ministry of Energy and Industry has granted another concession.
The last concession involves the Construction of…
80% of FDI were provided by TAP and Bankers
TAP pipeline and Bankers Petroleum provided about 80% of the total amount of foreign direct investment in Albania for the fourth quarter of last year.
Based on data issued by the Bank of Albania, the majority of foreign investments in…
Extractive industry produced 953 mln $ in 2015
The mining and extractive industry in Albania, according to figures, marked a positive performance in 2015, despite being a difficult year due to low prices of raw materials in the international markets.
The latest report of “Extractive…
Two 2 MW hydropower plants to be built along Tirana’s River
An Albanian company has applied to the Ministry of Energy and Industry to secure the right to build two hydropower plants on the territory of Tirana Municipality.
The public announcement that the ministry has published states that the…
Albania ranked seventh in Europe for renewable energy
Renewable resources hold 34.9% of the total electricity production in Albania.
The data published by the statistical office of the European Union refer to the year 2015 and serve as a comparative basis with other European and regional…
ERE starts procedure to certify Albgaz
The public-owned company Albgaza pplied to the Energy Regulatory Authority for certification as a combined operator in the market of natural gas.
The move comes a few months following the creation of this public company after a special…
ERE hands five licences for power production
There is an increasing interest for the power supply market in Albania, where Energy Regulatory Authority authorizes on a monthly basis new actors for different activities in the field.
Only in March three new licenses have been granted…