Albania hopes to settle a raw with Czech utility CEZ soon, concerning its loss-making electricity distributor in order to proceed with $200 million investment in its power sector, as stated by Energy Minister Damian Gjiknuri on Thursday.
read more... 13/06/2014
The Shah Deniz II consortium has announced yesterday that it has made the choice and selected the Trans Adriatic Pipeline to carry gas to Europe, defeating the Nabucco West consortium. TAP is expected that will transport more than 20 billion cubic meters per year of natural gas from the Shah Deniz II field in Azerbaijan, through Greece and Albania to Italy and further into Western Europe. Nabucco West and TAP were the only two bidders in the project to transport the Azerbaijani gas.
read more... 27/06/2013
The governments of Greece, Albania and Italy have signed a trilateral agreement to build a Trans-Adriatic Pipeline (TAP) for Europe, as part of efforts to expand the region’s natural gas supply away from Russian dependence.
read more... 14/02/2013
The Trans Adriatic Pipeline (TAP) designed to deliver natural gas from the Caspian region to Europe via Greece, Albania, and Italy, has finished its route refinement study of the pipeline section between Thessaloniki (Greece) and the Greek-Albanian border.
read more... 30/03/2011