approves

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…

Baar, Switzerland. Today the Italian Parliament approved the ratification law on the tri-lateral Intergovernmental Agreement (IGA), following the signing of an IGA between Italy, Greece and Albania on the Trans Adriatic Pipeline (TAP)…

Prime Minister Sali Berisha chaired the meeting of the National Territorial Council gathered about the National Sectorial Plan on TAP project. The participants to the meeting took under consideration and approved the plan on the Trans…

NABUCCO Gas Pipeline International GmbH announced on 08 May, that the environmental permitting process for the Bulgarian section of the pipeline route is now complete. Bulgaria is now the second NABUCCO country to successfully finish the…

Next year Macedonia will consume 81.897 TJ energy. There will be growth of the consumption for all types of energy and energy sources and largest in relation to 2012 will be for the natural gas with 27,7 percent after which follow the oil…

The EBRD is considering providing a €12.7 million sovereign guaranteed loan to Korporata Elektroenergjitike Shqiptare Sh.a (KESH) to support the company’s investment priorities at the Komani hydropower dam. The proceeds of the EBRD’s…