Tag: Albania

Bankers Petroleum temporarily shuts-in production – Albania, 3 June 2016

According to the announcement by Canadian-based oil company Bankers Petroleum, it has started to temporarily shut-in its production on 3 June in Albania due to business interruption at the Petrolifera Italo Albanese (PIA) Terminal port facility near Vlore. The suspension of this export facility was due to the crude oil leak which occurred on 22 […]

11.6 million euros to be invested in HPP Vau Dejes modernization – Albania, 25 May 2016

Albanian power utility KESH announced that it plans to invest some 11.6 million euros in 2016 in the modernization of hydropower plant Vau Dejes, which is a part of Drin cascade. The modernization will increase the efficiency of this 250 MW hydropower plant as well as the safety of its dams. Full article available for […]

Lowest fuel prices in BiH, highest in Croatia – Region, 20 May 2016

In Southeastern Europe petrol prices are the lowest in Bosnia and Herzegovina (BiH), while Croatia has the highest petrol prices. Regarding diesel, prices are the highest in Albania. The price of petrol in Bosnia and Herzegovina amounts to 0.92 euros/liter, while the price of diesel is between 0.82 and 0.90 euros/liter. On the other hand, […]