EU & WBs / Albania Energy Investment Updates

EU & WBs / Albania Energy Investment Updates

Presentation of Albanian Centre for Energy Regulation and Conservation - ACERC

ACERC is a think tank centre with focus on the Albania energy market and its integration in the regional IEM. The Acerc mission base on the in-depth knowledge of EU and regional energy law and policy and strives to provide a qualified contribution to the promotion of the liberalization and effective integration as well as efficient use of energy resources.

Acerc
main activities briefly consists in build-up collaborations and supports to market players in study researches such as the certificate reports, articles and periodicals. The transfer of high expertise through building-up institutional capacities by national and regional training courses, seminars and conferences. The institutional representation and integration within framework of the forum of Albanian School of Regulation.

For more visit us at the Official Website of Acerc | Albanian Energy Market - AEM Group in LinkedIn

Form of Presentation of Applications for the Albania Free Exploration Blocks, Lorenc Gordani | Wednesday, June 24, 2015

AEI Updates June 2015Posted by Adv. Lorenc Gordani, PhD Wed, June 24, 2015 23:12:05

The Ministry of Energy and Industry, through the National Agency of Natural Resources (AKBN) has announced the opening of available onshore and offshore areas for petroleum operation. In it announce the deadline for the Areas 4, 5 and Dumre, C and Panaja are foresee for the 15.07.2015. Meanwhile for the onshore and other offshore Areas, due to the consolidation of seismic data, to a postponed period.

The Address for submitting the Applications is Agjensia Kombetare e Burimeve Natyrore Bulevardi "Bajram Curri", Blloku "Vasil Shanto" Tirana, Albania www.akbn.gov.al to the attention to: Mr. Dael Dervishi Tel +355 4 2257117 Fax +355 4 2257382

The application including all documents and materials subject to application must be delivered in a sealed envelope delivered by registered mail or in person at protocol department of AKBN. The envelope must be clearly mark: Petroleum Exploration Project CONFIDENTIAL. There is no application fee.

Presentation of applications shall be in accordance with the provisions of Item IV below, taking into account the specific terms and conditions specified in the "Petroleum Law", No. 7746, date 28.07.1993, and the Decree of the President No. 782, date 22.02.1994.

For any additional information or clarification for the application process you may contact: Agjensia Kombetare e Burimeve Natyrore Bulevardi "Bajram Curri", Blloku "Vasil Shanto" Tirana Albania to the Att. Dael Dervishi Executive Director

Form of Presentation of Applications

1. An application will be presented in a sealed envelope.

2. An applicant may present applications for more than one Area, but each application will be made in a separate envelope.

3. A company or a group of companies may apply for a contract

4. An application shall contain the following:

4.1 The contract area to which the application applies.

4.2 In respect of each applicant:

4.2.A The name of the applicant in full.

4.2.B The nature of its business.

4.2.C The place of incorporation.

4.2.D The countries in which the applicant or applicants operate.

4.2.E Evidence of the registration of the company, financial standing and technical qualifications of the applicant, including the most recent audited accounts, and those for the previous three years, of the applicant and of any corporate body having control of such applicant.

4.3. The main terms proposed by the applicant in respect of the major aspects of the model Production Sharing Agreement i.e.

4.3.A Duration of exploration periods.

4.3.B Minimum exploration work obligations and financial commitments.

4.3.C Training and Administration Funds offered.

4.3.D Cost recovery and the net profit oil for Contractor.

4.4. Each application may contain the applicant’s technical evaluation of the area and an explanation of the adequacy of the proposed minimum work commitment in support of the Contractor's exploration concepts for the area.

For more keep update with the EU & WBs / Albania Energy Investment Updates or visit the Official Page of ACERC.



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Terms of the P.S.A. Agreement for the Albania Free Exploration Blocks, Lorenc Gordani | Monday, June 22, 2015

AEI Updates June 2015Posted by Adv. Lorenc Gordani, PhD Mon, June 22, 2015 14:46:58

Terms of the P.S.A. Agreement for the Albania Free Exploration Blocks

Note by Lorenc Gordani | Monday, June 22, 2015


The Albania Ministry of Energy and Industry, has announced the opening of available Areas 4, 5 and Dumre, C and Panaja with deadline of application 15.07.2015. Meanwhile for the onshore and other offshore Areas, due to the consolidation of seismic data, to a postponed period. The "Petroleum Law", No. 7746, date 28.07.1993, authorizes the Ministry to enter into a Production Sharing Agreement (PSA), for exploration, development PSA based on the following Terms of the Agreement.

The duration of the exploration period is up to 5 years and can be extended up to 7 years in conformity with the "Petroleum Law". The exploration period is divided in three phases, with work obligations and financial commitments for each of them. The contractor may not pass to the subsequent phase without completion of work obligations and financial commitments. The duration of each phase of Exploration Period is subject to negotiations.

In case of a commercial discovery, the period for development and production of the area shall be twenty-five years and can be further extended as provided for in the “Petroleum Law". These obligations will be defined by the Contractor in its application to AKBN and are subject to negotiations before entering the agreement.

The applicant must submit in the application process details of the offering fee for training and administration Funds and may be subject of further negotiations. The terms for cost recovery and petroleum sharing will be specified by the contractor in its application, subject to negotiations with AKBN before the signing of the Agreement.

The Contractor shall have the right to receive and retain abroad the proceeds from its export sales to the extent that they are not required to meet on a current basis its local currency costs in Albania. The Contractor shall have the right to convert foreign currency into local currency at the generally applicable rate of exchange for commercial transactions.

Under the Petroleum Sharing Contract the Bonus is payable in various stages, including the signature bonus. The production bonus and the signature bonus per square kilometre are subject to negotiations.

For more keep update with the EU & WBs / Albania Energy Investment Updates or visit the Official Page of ACERC.



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P.S.A Terms of Reference on Albania Free Exploration Blocks, Lorenc Gordani | Sunday, June 21, 2015

AEI Updates June 2015Posted by Adv. Lorenc Gordani, PhD Sun, June 21, 2015 10:45:37

P.S.A Terms of Reference on Albania Free Exploration Blocks

Note by Lorenc Gordani | Sunday, June 21, 2015

The Ministry of Energy and Industry, acting through the National Agency of Natural Resources (AKBN) has announced the opening of available onshore and offshore areas for petroleum operation. The AKBN invites interested parties for applications in areas Areas 4, 5 and Dumre, C and Panaja with deadline of application 15.07.2015. Meanwhile for the onshore and other offshore Areas, due to the consolidation of seismic data, to a postponed period.

The AKBN has announced the opening of the applications for the above blocks, in accordance with the "Petroleum Law", No. 7746, date 28.07.1993, which authorizes the Ministry to enter into a Production Sharing Agreement (PSA), for exploration, development and production of oil & gas in the territory of Albania.

The PSA based on: Law No. 7746 dated 28 July 1993 “Petroleum Law (Exploration and Production)”, as amended; Law “On the Fiscal System in the Petroleum Sector (Exploration-Production)” as amended; Law No. 7928 “On Value Added Tax”, as amended; Law No. 8976, dated 12 December 2002 “On Excise”, as amended; Law No. 9946, dated 30.06.2008 “On the sector of natural gas”; Decision of Council of Ministers No. 547, dated 09.08.2006 “On Setting-up the National Agency of Natural Resources”; Law No. 9975, dated 28.07.2008 “On national taxes”, as amended.

However, the legislative framework guaranties considerable incentives to attract international petroleum companies and thus stimulate petroleum exploration in the country, and gives enough flexibility to the contractors for negotiating the contracts. The Government's objective is to negotiate terms with the petroleum industry, which are fair and balanced, bearing in mind the usual risk associated with exploration and the State's legitimate right for revenues as owner of natural resources. At the same time based on the fiscal law the Albanian Government pursue to encourage the development of small and marginal discoveries.



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Coordinates of the Free Exploration Albania Oil and Gas Blocks Note by Lorenc Gordani |Friday, June 19, 2015

AEI Updates June 2015Posted by Adv. Lorenc Gordani, PhD Fri, June 19, 2015 11:08:32

Coordinates of the Free Exploration Albania Oil and Gas Blocks

Note by Lorenc Gordani |Friday, June 19, 2015

As know the AKBN following the MEI order nr. 124 12.05.2015 and nr. 132 date 15.05.2015 invited all interested hydrocarbon companies, to apply for:

- Free onshore blocks: Block 4, Block 5 and Block of Dumre with deadline of application: 15th of June 2015.

- For free offshore blocks: Joni 5 and Rodoni as well as onshore block C and Panaja with the deadline of application: 25th of June 2015.

A week before offers for the onshore bids Energy Minister Damian Gjiknuri ordered the bidding date be postponed for Areas 4, 5 and Dumre, C and Panaja until 15.07.2015. Meanwhile for the offshore Areas, due to the consolidation of seismic data, to be postponed for another period”.

Here in following can be find all the Coordinates of the Blocks

Free Onshore Blocks

Block 1

1. 41° 30' 00" N . 20° 00' 00" E

2. Intersection of Latitude 41° 30' 00" N with Internationally recognized

boundary between Albania and Macedonia.

3. Intersection of Latitude 41° 00' 00" N with Internationally recognized

boundary between Albania and Macedonia

4. 41° 00' 00" N 6. 41° 05' 00" N 7. 410 05’’ 00 N .

20° 02' 00" E 20° 02' 00" E 200

00’’ 00 “E

Block 4

1. 40o 20' 00" N 2. 40o 20' 00" N 3. 40o 30' 00" N

20o 20' 00" E 20o 15' 00" E 20o 15' 00" E

4. 40o 30' 00" N 5. 40o 20' 00" N 6. 40o 09' 10” N

20o 30' 00" E 20o 30' 00" E 20o 41' 25" E

7. 39o 55' 00" N 8. 39o 55' 00" N 9. 40o 05' 00" N

20o 20' 50" E 20o 15' 00" E 20o 00' 00" E

Block 5

1. 40o 27' 00" N 2. 40o 27' 00" N 3. 40o 14' 00" N

19o 29' 10" E 19o 37' 00" E 19o 37' 00" E

4. 40o 14' 00" N 5. 40o 20' 00" N 6. 40o 20' 00" N

19o 58' 00" E 19o 45' 00" E 20o 00' 00" E

7. 39o 57' 30" N 8. 39o 52' 00" N 9. 39o 55' 00" N

20o 00' 00" E 20o 09' 40" E 20o 15' 00" E

10. 39o 55' 00" N

20o 20' 50" E

Block 6

1. 41o 00' 00"

20o 15' 00"

2. Intersection of Latitude 41° 00' 00" N with Internationally recognized

boundary between Albania and Macedonia.

3. 40o 09' 10"

20o 41' 25"

4. 40o 20' 00" 5. 40o 30' 00" 6. 40o 30' 00"

20o 30' 00" 20o 30' 00" 20o 15' 00"

Block 7

1. 42o 00' 00"

19o 45' 00''

2. Intersection of Latitude 42° 00' 00" N with Internationally recognized

boundary between Albania and Kosova.

3. Intersection of Latitude 41° 30' 00" N with Internationally recognized

boundary between Albania and Macedonia.

4. 41o 30' 00" 5. 41o 40' 00" 6. 41o 40' 00"

20o 00' 00" 20o 00' 00" 19o 45' 00"

Block 8

1. Intersection of Latitude 42o 05' 00" with Internationally recognized boundary

between Albania and Montenegro

2. 42o 05' 00"N 3. 42o 00' 00"N

19o 45' 00" E 19o 45' 00"E

4. Intersection of Latitude 42° 00' 00" N with Internationally recognized

boundary between Albania and Kosova.

Block A

1. Intersection of Latitude 42o 05' 00" N with Internationally recognized

boundary between Albania and Montenegro

2. 420 05’ 00” N 3. 410 40’ 00” N

190 45’ 00” E 190 45’ 00” E

4. Intersection of Latitude 410 40’ 00” N with the coast line defined at average

high tide of the Adriatic Sea

Block B

1. Intersection of Latitude 410 40 00” N with the coast line defined at average

high tide of the Adriatic Sea

2. 410 40’ 00” N 3. 410 20’ 00” N

190 45’ 00” E 190 45’ 00” E

4. Intersection of the Latitude 410 20’ 00” N with the coast line defined at

average high tide of the Adriatic Sea

Block C

1. Intersection of the Latitude 410 20’ 00” N with the coast line defined at

average high tide of the Adriatic Sea

2. 410 20’ 00” N 3. 410 00’ 00” N

190 45’ 00” E 190 45’ 00” E

4 Intersection of the Latitude 410 00’ 00” N with the coast line defined at

average high tide of the Adriatic Sea

Block D

1. 410 40’ 00” N 2. 410 40’ 00” N 3 410 20’ 00” N

190 45’ 00” E 200 00’ 00” E 200 00’ 00” E

4. 410 20’ 00” N

190 45’ 00” E

Block E

1. 410 20’ 00’’ N 2. 410 20’ 00’’ N 3. 410 05’ 00’’ N

190 45’ 00’’ E 200 00’ 00’’ E 200 00’ 00’’ E

4. 410 05’ 00’’ N 5. 410 00’ 00’’ N 6. 410 00’ 00’’ N

190 48’ 00’’ E 190 48’ 00’’ E 190 45’ 00’’ E

Block PANAJA

1, Intersection of the Latitude 400 36’ 17” N with the coast line defined at

average high tide of the Adriatic Sea

2. 400 36’ 17’’ N 3. 400 27’ 00’’ N

190 37’ 00’’ E 190 37’ 00’’ E

4. Intersection of the Latitude 400 27’ 00” N with the coast line defined at

average high tide of the Adriatic Sea

Block DUMRE

1. 410 05’ 00’’ N 2. 410 05’ 00’’ N 3. 400 50’ 00’’ N

190 48’ 00’’ E 200 02’ 00’’ E 200 02’ 00’’ E

4. 400 50’ 00’’ N 5. 410 00’ 00’’ N 6. 410 00’ 00’’ N

190 45’ 00’’ E 190 45’ 00’’ E 190 48’ 00’’ E

Block VELCA

1. 40° 25’ 00” N 2. 40° 25’ 00” N 3. 40° 21’ 00” N

19° 37’ 00” E 19° 43’ 00” E 19° 43’ 00” E

4. 40° 14’ 00” N 5. 40° 14’ 00” N

19° 58’ 00” E 19° 37’ 00” E

Free Offshore Blocks

Block RODONI NORTH

1. Intersection of the Longitude 190 23’ 22” N with the highest water shore line

of the Adriatik Sea

2. Intersection of the Latitude 410 35’ 20” N with the highest water shore line of

the Adriatic Sea

3. 410 35’ 20’’ N 4. 410 39’ 58’’ N 5. 410 39’ 58’’ N

190 09’ 30’’ E 190 09’ 30’’ E 190 16’ 48’’ E

6. 410 45’ 07’’ N

190 19’ 20’’ E

Block RODONI SOUTH

1. 41° 35’ 20.00” N 19° 26’ 40.0” E

2. 41° 35’ 20.00” N 19° 09’ 00.0” E

3. 41° 17’ 52.00” N 19° 09’ 03.0” E

4. 41° 17’ 55.00” N 19° 29’ 53.0” E

Block Joni – 5

1. 40° 25’ 20.0” N 2. 40° 25’ 20.0” N

19° 17’ 25.0” E 18° 49’ 49.0” E

2.

3. 40° 23’ 17.0” N 18° 51” 05.0” E

4. 40° 21’ 30.0” N 18° 51” 35.0” E

5. 40° 18’ 50.0” N 18° 52’ 48.0” E

6. 40° 12’ 13.0” N 18° 57’ 05.0” E

7. 40° 07’ 55.0” N 18° 58’ 38.0” E

8. 40° 04’ 40.0” N 18° 59’ 50.0” E

9. 40° 02’ 30.0” N 19° 25’ 35.0” E

10. 39° 59’ 00.0” N 19° 40’ 40.0” E

11. 39° 51’ 30.0” N 19° 52’ 30.0” E

12. 39° 47’ 12.0” N 19° 58’ 25.0” E

13. 39° 41’ 34.0” N 19° 59’ 47.0” E

Point 1: Reflects the intersection of the parallel 40° 25’ 20.0” N with the highest water

shore line of the Jonian Sea at the Western Coast of the Karaburuni Peninsula.

Point 13: Reflects the intersection of the parallel 39° 41’ 34.0” N with the highest water shore line of the Jonian Sea at the Western Coast of the Saranda Bay.



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Albania Delays with one more Month the Onshore Oil Blocks, Note Lorenc Gordani |Thursday, June 18, 2015

AEI Updates June 2015Posted by Adv. Lorenc Gordani, PhD Thu, June 18, 2015 12:32:18

Albania Delays with one more Month the Onshore Oil Blocks
Note Lorenc Gordani |Thursday, June 18, 2015


As it was made know in previous (mid May 2015) the AKBN in behalf of the Albanian Ministry of Energy invited all interested hydrocarbon companies, to apply for:

- Free onshore blocks: Block 4, Block 5 and Block of Dumre with the deadline of application for the 15th of June 2015 (MEI order nr.124 12.05.2015).

- For free offshore blocks: Joni 5 and Rodoni as well as onshore block C and Panaja with the deadline of application for the 25th of June 2015 (MEI order nr. 132 date 15.05.2015).

A week before open of the offers for the onshore bids Energy Minister Damian Gjiknuri ordered the bidding date to be postponed for another month to give companies more time. Now bidders have until July 15 to express their interest for blocks 4, 3, Dumre, C and 4 onshore.

Notice referred by Energy-Est.com on the 6/18/2015.

Note: Energy-East.com is for subscribers only, then for a direct consulting of the article can be find the extract of the interview in the Pdf in the official website of ACERC.




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Energy efficiency starting to be taken seriously in Western Balkans, 17 Jun 2015

AEI Updates June 2015Posted by Adv. Lorenc Gordani, PhD Wed, June 17, 2015 14:40:45

Energy efficiency starting to be taken seriously in Western Balkans

17 Jun 2015



Nowhere else in Europe does energy efficiency have such great potential than in the Energy Community Contracting Parties. In fact, their average energy intensity is nearly six times higher than the EU average. The Secretariat’s publication “Energy Community – Tapping on its Energy Efficiency Potential” demonstrates, by mapping out the projects, programmes and investment credit lines that support energy efficiency in the region, that although the Contracting Parties are lagging behind, energy efficiency is starting to be taken seriously by an increasing number of stakeholders.


The publication provides a comprehensive overview of the technical assistance to support the uptake of energy efficiency, the Contracting Parties’ progress in their implementation of the relevant Energy Community acquis and the financing available from various financial institutions. The publication also presents a serious of showcases implemented on the ground, which were selected for publication due to their high potential for replication in other countries and their high CO2 emissions and energy savings.

The fact that only one-third of the 700 million EUR available from international financial institutions and the European Commission for energy efficiency is being used points to the fact that available funding is not the only enabler of energy efficiency investments. The publication underlines that the uptake of energy efficiency requires an integrative approach. To stimulate the uptake of energy efficiency, the Contracting Parties should increase their engagement in energy sector reforms, including price and tariff policies, and promote the market penetration of energy efficient technologies.

The publication was unveiled during the EU Sustainable Energy Week Policy Conference held in Brussels today.



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TAP Issues Invitations to Tender for Offshore Section 09 June 2015

AEI Updates June 2015Posted by Adv. Lorenc Gordani, PhD Tue, June 16, 2015 11:37:10
TAP Issues Invitations to Tender for Offshore Section
09 June 2015



Baar, Switzerland. Trans Adriatic Pipeline AG (TAP) has issued an Invitation to Tender (ITT) for Engineering, Procurement, Construction and Installation (EPCI) for the offshore section of the project. TAP’s 36-inch offshore part across the Adriatic Sea – between the coastlines of Albania and southern Italy – will be approximately 105 km in length.

The ITT is open to the companies who have pre-qualified following the contract notice TAP launched in February 2015. The EPCI scope includes associated works at the landfalls in both Albania and Italy (including micro tunnel), offshore installation, seabed intervention, fiber optic cable supply and installation, as well as pre-commissioning and survey activities.

TAP plans to award the contract for offshore EPCI by the end of 2015. Construction of the pipeline offshore section is set to begin in 2017.

The next Invitation to Tender that TAP will issue is offshore line pipes.

Knut Steinar Kvindesland, Senior Contract and Procurement Manager at TAP said: “Offshore pipeline construction is a technically complex project. As such, the selection of bidders who have been invited to tender has followed a rigorous pre-qualification process, particularly taking into consideration bidders’ ability to demonstrate a commitment to zero harm.”

For further information on TAP’s procurement process and the contracts that it plans to award, please go to: www.tap-ag.com/project-opportunities/for-companies

If you are a subcontractor and are interested in working for one of the companies that TAP selects for its contracts, please go to www.tap-ag.com/project-opportunities/for-companies/interested-in-working-as-subcontractor to register your details. This information will be passed on to companies invited to tender in TAP’s procurement process.





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3 UfM platforms on Gas, Regional Electricity Markets and Renewable Energy and Energy Efficiency are launched 08 / 05 / 2015

AEI Updates June 2015Posted by Adv. Lorenc Gordani, PhD Sun, June 14, 2015 23:12:27

Fostering regional dialogue on energy: 3 UfM platforms on Gas, Regional Electricity Markets and Renewable Energy and Energy Efficiency are launched

08 / 05 / 2015

• According to the World Bank, investment to cover energy needs in the Mediterranean will come to €23 billion per year by 2030
• Enhanced dialogue through UfM platforms on energy will facilitate partnerships between the main stakeholders in the field of energy and strengthen cooperation between the member states of the Union for the Mediterranean (UfM)





Barcelona 7 May 2015
- Hosted by the Minister of Energy of Morocco, Abdelkader Amara, the UfM Co-Presidency represented by the European Commissioner for Climate Action and Energy, Miguel Arias Cañete, and the Secretary General of Energy and Natural Resources of Jordan, Ghaleb Maabreh, together with the Secretary General of the Union for the Mediterranean, Fathallah Sijilmassi, launched on 6 May a new mechanism to promote regional dialogue on three key topics for the energy sector in the region: gas, the regional electricity market and renewable energy and energy efficiency.

Designed to be flexible and swift mechanisms for exchange and cooperation, these UfM platforms on energy aim to facilitate partnerships based on mutual trust and transparency between UfM Member States as well as with the relevant energy stakeholders in the region.

Built on UfM’s work carried out following the UfM Ministerial Conference on Energy held in Brussels on 11 December 2013, these platforms will be the appropriate framework for a more structured dialogue on energy in the region.

“We need to set the conditions of investment beyond current market fragmentation,” said the UfM’s Secretary General. “The creation of these platforms will help structure energy cooperation in the region in order to better respond to geopolitical, economic and social stakeholders,” added Sijilmassi.

According to the World Bank, investment to cover energy needs in the Mediterranean will come to €23 billion per year by 2030.



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