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.

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

Southern Gas Corridor to supply Azeri energy for 100 yrs. 04 May,2015

AEI Updates May 2015Posted by Adv. Lorenc Gordani, PhD Mon, May 04, 2015 21:15:27

Southern Gas Corridor to supply Azeri energy for 100 yrs.
04 May,2015

Southern Gas Corridor project will supply gas to neighboring and European countries for 100 years: Azerbaijani president

The $45 billion Southern Gas Corridor project will be able to supply neighboring and European countries with energy for 100 years once completed, said Ilham Aliyev, president of Azerbaijan on Monday.

Aliyev attended the 48th annual meeting of the Board of Governors of the Asian Development Bank in Baku.

"Establishing energy security is directly linked with natural gas and we have assumed a leading role in this process," Aliyev said.

The Caspian Sea has been connected to the Mediterranean and the Black Sea for the first time and the country has initiated the Trans Anatolian Natural Gas Pipeline, TANAP, and the Trans Adriatic Pipeline, TAP.

"Azerbaijan constructs pipelines because they are needed for the transportation of fuel as the country doesn't have access to the open sea," he said.

The Southern Gas Corridor is made up of three pipelines -- the South Caucasus Pipeline, the TANAP and the TAP along with an interconnector between Bulgaria and Greece.

The corridor is to carry natural gas starting from Azerbaijan on the East near the Caspian Sea, to pass through Turkish territory to reach Greece, and then further on to Albania and Italy.

Reporting by Ruslan Rehimov, Writing by Zeynep Beyza Karabay

Anadolu Agency

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