Prime Ministers of Albania Edi Rama and Kosovo Isa Mustafa attended the ceremony on the commissioning of new 400 kV transmission line between these two countries, which took place in Kashar near Tirana. This interconnection is an important step towards the establishment of integrated energy market between Albania and Kosovo. New 400 kV interconnection is […]
The Albanian Ministry of Energy announced that Shell has started drilling an oil appraisal well at Shpirag-3 oilfield in central Albania, in which the company plans to invest more than 65 million euros. The statement from the Ministry further said that the drilling will last for more than a year due to extremely complex geological […]
The International Financial Corporation (IFC), a member of the World Bank Group, announced that it has signed a Memorandum of Understanding with the Albanian Government regarding the establishment of day-ahead electricity exchange in the country. The statement said that IFC will advise the Albanian Government on the establishment of day-ahead electricity market which will allow […]