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...
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...
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...
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...
During his speech at the “Albania Oil, Gas and Energy Summit 2015” two day summit, the Albanian Prime Minister Edi Rama stated among other that the government has released for sale the state owned oil company Albpetrol. “We are all aware of the importance the energy system has in the programme of the government as...
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...