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 S.p.A. to join TAP shareholding, acquiring 20% stake in the project from Statoil 1 December 2015

AEI Updates 2015Posted by Adv. Lorenc Gordani, PhD Tue, December 01, 2015 14:36:42
Baar, Switzerland. TAP is pleased to announce that Snam S.p.A. (Snam) will shortly join TAP’s shareholding by acquiring a 20% stake in the project from Statoil. The news follows Statoil’s announcement this morning that it has agreed to sell its shareholding in TAP, by which it will divest its 20% interest stake in the project. Statoil and Snam have agreed to undertake the transaction provided certain conditions are met. The transaction is expected to close by end 2015.

Following closing, TAP’s shareholding will be comprised of BP (20%), SOCAR (20%), Snam S.p.A. (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

Ian Bradshaw, Managing Director for TAP, said: “I am delighted that Snam S.p.A. will join the TAP project. The TAP joint venture has always been open to new strategic partners and I will be very pleased to welcome Snam S.p.A. to TAP. This continues our successful joint venture model that has brought producers, midstream players and gas buyers together to develop this important project. Having Snam in the project will continue to enhance TAP’s strategic position as a truly European project that will transport a new source of gas to the continent’s energy markets.”

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