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TANAP gas supply to increase by 2026

Europe is unlikely to be able to reduce its reliance on Russian natural gas for at least the next decade and even further, Fitch Ratings said on August 26. At best, the European Union may be able to avoid significant increasing of its…

Shah Deniz increases average gas production

The average daily gas production at Azerbaijan's giant Shah Deniz gas condensate field in the Caspian Sea is over 27 million cubic meters. "The volume of gas production in the field is high. It is now at the level of 27.3-27.4 million…

Gas and fuel, circulation tax increases

A possible increase in turnover tax on fuels is expected to have a negative effect on daily consumption. In the final draft, which has not yet proposed by the Ministry of Finance for the fiscal package in 2014, this toll is expected to rise…

Berisha: We didn’t increase energy price

With a 17 million EUR investment loaned by the Italian Government, the Transmission System Operator has implemented a modern techology that realized the national energy system in real time, synchronizing it this way with the standards…

Beqaj: Energy prices will not increase

I wish to inform the public that there will be no increase of electricity prices, said the Minister of Economic Development Besim Beqaj on 18 March in a press conference, thus excluding any possibility of increased energy tariffs, as the…