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

Albanian Oil Privatization Nga Klevis Llaha 09 May 2015

AEI Updates May 2015Posted by Adv. Lorenc Gordani, PhD Sat, May 09, 2015 15:57:34
Albanian Oil Privatization

Nga Klevis Llaha 09 May 2015

The Minisry of Energy and Industry has developed the legal framework for the extraction of 13 oil blocks for exploitation by the private sector. Petroleum Policy Director at the ministry, Dritan Spahiu, said in an interview for SCAN TV that the decision of the Council of Ministers No. 335, has enabled the transfer of ownership of these blocks from Albpetrol to the Ministry of Industry. Thus enabling the preparation of the privatization process of these areas.

From the areas that will be used for detection operations, there will be a block in the sea as

well. Albania is estimated to have oil reserves amounting to 400 million tons, while only 10%

of this amount has been utilized so far. However, there have not been conducted further

specific studies after the 70’s.

In the meantime, the new discoveries in the district of Berati have attracted high interest for

investments in our country from international companies.

  • Comments(0)//