Tag: <span>Albania oil</span>

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Albania Invites Bids for Two Onshore Oil Fields
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Albania Invites Bids for Two Onshore Oil Fields

TIRANA, March 16 Albanian and international investors interested in the oil industry and petroleum exploration can now submit bids for two onshore blocks in Albania. The National Agency of Natural Resources (AKBN) announced that Block B and Block E are now available for exploration. AKBN provides potential applicants with the bid regulations, descriptions of the...

Analysis: Oil and gas exploration in Albania
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Analysis: Oil and gas exploration in Albania

Tirana, Albania 31 March 2016 In May 2015, Albania initiated an international call regarding seven oil and gas onshore and offshore blocks. The Albanian competent governmental institution, the Albanian Agency of Natural Resources (AANR), has publicized the map featuring the free blocks for exploration. Considering Albania’s high potential of oil and gas reserves, this is...

45% of produced crude oil in Albania is used for domestic consumption
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45% of produced crude oil in Albania is used for domestic consumption

The National Agency of Natural Resources has issued a new report regarding the activity of hydrocarbon companies which currently are exploiting and producing oil and gas in the Albanian territory, based on the Hydrocarbons Agreement. According to the report, during the first semiannual of this year the total amount of produced oil was 649.817 tons...

The processing amount of oil quadrupled during 2014, compared to 2013
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The processing amount of oil quadrupled during 2014, compared to 2013

Although Albania is rich in natural resources of hydrocarbons, the processing of these resources has faced many difficulties since the country doesn’t have the necessary means factories to process them. The substantial growth of oil extraction has increased the possibilities for processing it and experts have predicted that during this year, will be processed about...

“Albania Oil, Gas & Energy 2015” Summit to be held in March 17-18
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“Albania Oil, Gas & Energy 2015” Summit to be held in March 17-18

Tirana city will host during March 17-18, 2015 international prestigious oil & gas companies that will attend “Albania Oil, Gas & Energy 2015” Summit 2015, organized by the Albanian Ministry of Energy and Industry and the International Research Network. The summit will focus on the general analysis of the oil and gas sector in Albania...