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What’s Next for Albania’s Energy Sector?

26 March 2015

 

Energy industry leaders, policy-makers and experts gathered in Tirana for the “Albania Oil, Gas and Energy Summit 2015”, held from 17 to 18 March. Recent developments in the Albanian energy sector dominated debates and the Trans Adriatic Pipeline (TAP) project was at the heart of discussions.

 

Explaining the pipeline’s significance for South-East Europe, TAP Country Manager for Albania, Shkelqim Bozgo, highlighted the benefits which the project will help promote in the region: “TAP will be a big game changer in the development of a gas market in Albania.”

Bozgo reported on the project’s progress to date as well as forthcoming milestones, acknowledging the support given to TAP by all host governments and European institutions. In particular, he thanked Albania’s Prime Minister Edi Rama, Minister of Energy and Industry Damian Gjiknuri, and the country’s Immovable Property Registration Office (IPRO) as well as other Albanian institutions for their continuing support for the project.

In his speech, the Prime Minister Edi Rama reinforced the significance of TAP as one the most important development catalysts in the region. Rama stressed that, as part of the Southern Gas Corridor, TAP opens a new chapter in gas development for Albania.

This important energy forum was organised under the auspices of the Albanian Ministry of Energy and Industry of Albania (MEI), in partnership with the National Agency of Natural Resources (AKBN). Other key topics in focus during the two days included new hydrocarbon developments in Albania, competitive licensing procedures and other major energy infrastructure projects in the country.

As lead speaker sponsor of the summit, TAP’s presentation and input during the panel debate “Developing Albania’s gas infrastructure to align with the Gas Master Plan in 2015” were very well received, with several questions from the audience.