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

Three int'l companies bid for exploiting two onshore oil blocks in Albania, Source:Xinhua Published: 2015-7-25

AEI Updates July 2015Posted by Adv. Lorenc Gordani, PhD Sat, July 25, 2015 19:35:39
Three international hydrocarbons companies have expressed their interest to invest in the hydrocarbons sector in Albania, to drill two onshore oil blocks in Dumre area, announced the Albanian ministry of energy and industry on Friday.

The companies have applied at the Albanian national agency of natural resources for exploiting Block 4 and Dumre Block.

"Block 4" has received application from two companies Shell Upstream Albania B. & Petromanas Albania GmbH and Interland Investment SA, while for Dumre Block received submission from three companies, Shell Upstream Albania B. & Petromanas Albania GmbH, Interland Investment SA and Navitas Petroleum Limited, according to Albanian daily news.

Shell Upstream Albania and Petromanas are jointly working in Shpirag area in search of oil. Shell is one of the most known and successful companies in the hydrocarbons sector and is active in 90 countries worldwide.

Navitas Petroleum Limited Israeli Company is controlled by Delek Group LTD, a leading company in the world in various sectors as energy, oil and gas, energetic parks and infrastructure. It has a market cap of more than 5 billion US dollars and company's activity is mainly focused in eastern Mediterranean, Israel and Cyprus.

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