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albania

Albania seeks investors for shuttered refineries

The Albanian government said it is willing to lend its full support to any private initiative that would redevelop Ionian Refining & Trading Co.’s (IRTC) recently shuttered 20,000-b/d Ballsh and 10,000-b/d Fier refineries in eastern…

45% of TAP route in Albania, Greece being reinstated

Over 45 percent of Trans Adriatic Pipeline (TAP) route in Greece and Albania is now being reinstated to previous condition or better, TAP AG consortium said in a message. TAP crosses more than 20,000 plots of land in Greece, Albania and…

Albania leads Balkans for oil-producing capaticities

Albania is the largest oil producer among the Western Balkan countries and the third largest across Southeastern Europe, reads a recent report published by the Greek-based South East Energy Institute of Energy. In the region, involving…

Serbia jeopardizes Albania-Kosovo Interconnection Line

The 400-kW power transmission line linking Albania with Kosovo is facing a possible failing. The alert comes from Albania’s State Supreme Audit, which has audited this year the project for the construction of this line. In its final…

TAP deliveries complete to Albania, Greece and Italy

On 10 October 2017, the last shipment of steel line-pipes for the construction of the Trans Adriatic Pipeline (TAP) arrived in Thessaloniki, Greece, marking the completion and final delivery of all line-pipes to TAP’s host countries. The…

TAP to invest 800 mln euro in Albania in 2017-2020

The Trans Adriatic Pipeline Consortium plans to invest around 800 million euros for the period 2017-2020 in Albania, Albania project manager Shkëlqim Bozgo has declared. In overall, this project is expected to generate 1.5 billion euros…

TAP concludes 60% of work in Albania and Greece

The construction of the Trans-Adriatic Pipeline is proceeding at a rapid pace. TAP announced on Tuesday that it has completed work on welding and joining for around 60% of pipes passing through Albania and Greece. This means that they…

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,…