A project to transfer energy between Albania and Macedonia has been granted funding totalling €12 million (£9.3m). The EU is providing the cash to support the construction of the first electricity interconnector between the two countries as well as the introduction of grid efficiency improvements. The project is part of the European Commission’s initiative to […]
Tbilisi is hosting a trilateral meeting of Azerbaijani Foreign Minister Elmar Mammadyarov, Turkish Foreign Minister Mevlut Cavusoglu and Georgian Foreign Minister Mikhail Janelidze. They are discussing relations between the three countries and joint regional projects, particularly Baku-Tbilisi-Kars railway, TAP and TANAP energy projects. Addressing the 5th trilateral meeting of the foreign ministers on February 19, […]
Pennine Petroleum Corporation announced that it has signed the main terms and conditions of a production sharing agreement for the Velca Block, in southern Albania, with licensee Albpetrol Sh. A. (“Albpetrol”), the national oil company of Albania. The Velca Block, covering an area of 153,215 acres (239 square miles, or 620 square kilometers), is located […]
Officially endorsed and with the full support of the Ministry, the Summit is the only event focusing on Albania’s oil and gas Industry With the largest operating onshore oilfield in Europe, the Summit will host discussions with focus on all available blocks for licensing and Albania’s current licensing stage Insights on Ministerial requirements from an […]
Introduction This report (click here to review the report) focuses on a specific aspect of the liquefied natural gas (LNG) supply chain: the import facility. LNG import facilities are the final destination of LNG carriers and where LNG is returned to a gaseous state so that it can be fed into gas transmission and distribution grids. […]
Turkey is located between the rich hydrocarbon reserves in the Caspian region and the European markets and thus sits at the intersection of the most feasible energy transit lines. Yet, geopolitics is not the only reason why Turkey is relevant to the EU’s energy interests in the Caspian. Turkey also has significant political capital and […]
Trans Adriatic Pipeline AG (TAP) awarded a contract for the Engineering, Procurement and Construction (EPC) of the Pipeline Receiving Terminal (PRT) and a contract for the EPC of the onshore pipeline in Italy, TAP reported on December 22. The joint venture comprised of Italian Enereco S.p.a. and Max Streicher S.p.a. has been awarded the contract […]
Gjatë viteve të fundit, dëshmojmë një përkeqësim të rëndë të marrëdhënieve energjitike, ndërmjet Rusisë dhe Bashkimit Evropian (BE-së). Çështja mbi gazin, është një çështje tepër e rëndësishme, e lidhur ngushtë me përpjekjet e vazhdueshme nga ana e Rusisë për të ri-kalibruar strategjinë e gazsjellësit Euro-aziatik, si dhe orvatjet nga ana tjetër e BE-së për krijuar […]
Over the past several decades Bulgaria has been attempting to establish itself as the center of the natural gas route in the Balkans, but so far it has achieved limited success. Natural gas plays a small role in the country’s domestic energy consumption. Its share of electricity generation stands at 13%, but it is widely […]
China will build railways and ports in Central and Eastern Europe as part of its “Silk Road Economic Belt.” Chinese Premier Li Keqiang hosted 16 European leaders in Suhzou on Tuesday and Wednesday, for the fourth China-Central and Eastern Europe (CEE) summit. The format, which held its first summit in 2012 in Warsaw, Poland, brings […]