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

SNAM CONFIRMS ROOM FOR TAP INVESTMENT, July 13th, 2015

AEI Updates July 2015Posted by Adv. Lorenc Gordani, PhD Thu, July 16, 2015 09:09:09

Snam’s CEO Carlo Malacarne confirmed that there are TAP’s stakeholders willing to sell their shares to the Italian company, adding that a 20% interest would cost around 400 million euros. The price has also to do with the current market conditions.

“We will not witness an increase in gas consumption in Europe by 2030. It will be necessary to substitute the current production from the depleting fields with new sources” he said to Italian daily newspaper Corriere della Sera.

He explained Europe has not to decrease its imports from Russia, but find new partners to import new gas.

“We have to get gas where there is some, in the Caucasus, prospectively in Iran, in North Africa. And here we come into play” he said, adding that Italy should take a more central role in the Mediterranean, and especially in Algeria.

A few hours after the interview, European authorities agreed a deal with Greece that should be approved in the Greek parliament in Athens by Wednesday. The TAP pipeline will pass through Greece and Albania.

Meanwhile, several reports seem to indicate that a deal on Iran seems increasingly more likely.



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