Albania gasification, interested expressed by SOCAR..

Albania gasification, interested expressed by SOCAR..

SOCAR gasificationWhile TAP pipeline construction has started, Albania will become part of the international gas network, paving the need for gasification of the country with a network of special and brand new. This project requires huge investments that lie in years, while the master plan for the gasification is underway and expected to be ready next October.

Official sources at the Ministry of Economy of Albania stated that the Azeri company has expressed interest to implement the gasification infrastructure, since it is one of the main shareholders of the oil field and gas transmission by TAP.

The same sources indicated that the master plan ends in autumn next year. Then, they provided the financial support to continue with the detailed planning, which means you will study potential areas of Albania where possible will be the construction of gas distribution networks.

Experts at the Ministry of Energy of Albania say that Albania can have a consumption of about 1 billion cubic meters of gas, an amount one tenth of the initial capacity of the pipeline.

The goals of the Master Plan and further feasibility studies aimed at introducing the element of gas consumption by households.

Sources in the Ministry of Energy stated that the law on public-private partnership leaves room to find strategic investors for the gasification process. The same sources indicated that SOCAR Azerbaijan has expressed interest, but other countries have expressed interest, as have the opportunities because of the possession of gas.

Related Post

The first 100% green project in Albania. First PV... On 1st March 2016, AEA-Albania Energy Association team implemented the first Photovoltaic System in Albania, Cerrik, at a children center managed by C...
Albania: “Changes To Hydrocarbons Law To Enh... Albania is the largest exporter of crude oil in the Energy Community and is home to the largest onshore oil field in Europe (i.e. Patos Marinza). A nu...
Energy Community says it will call two tenders und... The Energy Community Secretariat has published service prior information notices regarding two upcoming tender procedures under WB6 electricity market...
China’s ‘Belt and Road’ Reaches ... 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 Euro...
Snam: 20-percent interest in TAP would cost around... A 20-percent interest in the Trans Adriatic Pipeline (TAP) project would cost around 400 million euros, Natural Gas Europe reported with the reference...
share