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EU & WBs / Albania Energy Investment Updates

Presentation of Albanian Centre for Energy Regulation and Conservation - ACERC

ACERC is a think tank centre with focus on the Albania energy market and its integration in the regional IEM. The Acerc mission base on the in-depth knowledge of EU and regional energy law and policy and strives to provide a qualified contribution to the promotion of the liberalization and effective integration as well as efficient use of energy resources.

Acerc
main activities briefly consists in build-up collaborations and supports to market players in study researches such as the certificate reports, articles and periodicals. The transfer of high expertise through building-up institutional capacities by national and regional training courses, seminars and conferences. The institutional representation and integration within framework of the forum of Albanian School of Regulation.

For more visit us at the Official Website of Acerc | Albanian Energy Market - AEM Group in LinkedIn

SOCAR announces details of joint declaration by Southern Gas Corridor Advisory Council members 25 February 2015 16:38

AEI Updates February 2015 Posted on Thu, February 26, 2015 16:35:40

SOCAR announces details of joint declaration by Southern Gas Corridor Advisory Council members
25 February 2015 16:38

In order to secure the favourable financing of participants of the projects being implemented within the Southern Gas Corridor, new efforts to form a transparent, predictable and stable legislative environment and develop more efficient mechanisms to attract national and European financial institutions will be considered

Baku. Aghsin Rafigoglu – APA-Economics. The State Oil Company of the Azerbaijan Republic (SOCAR) has announced details of joint declaration by Southern Gas Corridor Advisory Council members, APA-Economics reports quoting SOCAR.

According to declaration, reliable supply and providence of safety of energy transportation to the world markets are the most important factors in sustainable development.

“We once more repeat the increasing significance of strategic cooperation and our intention for strengthening and extension of activities based on mutual benefit for successful implementation of the Southern Gas Corridor”, the declaration said.

The document also says that in order to secure the favourable financing of participants of the projects being implemented within the Southern Gas Corridor, new efforts to form a transparent, predictable and stable legislative environment and develop more efficient mechanisms to attract national and European financial institutions will be considered: “We confirm relevant legislative and initial legal requirements, including preparation of relevant countries for permission and confirmation decision demanded for start of activities on projects to be implemented within the Southern Gas Corridor. We once more confirm significance of development of energy relations and take into account the importance of continuation of policy being conducted for diversification of routes to transport energy from Azerbaijan to Europe and other markets”.

Moreover, the declaration says that development of strategic infrastructure is supported to productively use existing format of European Union regarding issues of implementation of project and there is concrete approach to the Southern Gas Corridor with the support of European Commission: “In order to practically and timely solve the issues to be arisen during the implementation of the Southern Gas Corridor, we consider to conduct clear working consultations in the bilateral and multilateral format with the potential future participants of the Southern Gas Corridor”.

The first meeting of ministers within the Advisory Council of the Southern Gas Corridor was held in Baku on February 12. At the end of the meeting, the authorized representatives of Azerbaijan, Albania, Bulgaria, Greece, Georgia, Italy, Turkey, United Kingdom, USA and Vice-President of the European Commission signed a joint declaration.



SEECP, commitment to deal with common regional challenges Published on : 24 February 2015

AEI Updates February 2015 Posted on Thu, February 26, 2015 13:22:10

SEECP, commitment to deal with common regional challenges

Published on : 24 February 2015

Speech of Prime Minister Edi Rama at the ministerial meeting organized in Tirana in the framework of the South-Eastern Europe Cooperation Process (SEECP):

It is a great pleasure for me to welcome you here in Tirana, on behalf of the Albanian Government.

We regard the Southeast Europe Cooperation Process as a very important political platform to intensify dialogue in the region, to consolidate sectorial cooperation and advance the European integration of Southeast Europe by coordinating different ongoing processes of regional cooperation.

Southeast Europe has just left behind a first year since the beginning of the twentieth-century with no border conflicts in the region.

I think this is mainly because of our peoples’ aspiration to European integration, envisaged as a unique chance for a sustainable peace, prosperity and democracy. This means that we have no time to look back and are pressed to move forward, on the one hand by getting to a new stage the cooperation in the region and, on the other hand, by actively contributing in responding to new common challenges.

These are challenges deriving of threats from the ongoing conflicts near EU borders; challenges posed by terrorism fed by an infernal machine called ISIS, which have plagued peoples and areas in the Middle East and Africa. While an important challenge not so unconnected to the above is the organized crime and illicit trafficking.

Next to these security issues, there is a risk that our region’s economic gap between EU member states and non-EU member states widens further, making the prospect of EU integration process ever more distant. In the above-described context that means greater susceptibility to security threats that we are determined to prevent now and in the future. This is evident as a few of our region’s direct neighbors have been severely hit by the financial crisis.

In order to face these challenges it is of crucial importance to reinforce the security dimension of our regional cooperation.

Duly, our Joint Statement against Terrorism, that this meeting is going to endorse, emphasizes our commitments to further implement reforms, strengthen the rule of law, embrace youth cooperation, and improve economic development.

In the 2014 Summit, the Romanian Chairmanship rightly pointed out that Southeast European Cooperation Process was being revitalized and that we should work to make our region a credible partner for the European Union.

As the representative of the country that chairs this process in until June 2015, I enthusiastically agree and I would propose we add a next step.

Yes, firstly we need to ensure our position as a credible partner of the EU, but then we also should become a pro-active partner.

Europe is faced with economic, political and cultural challenges including racism, nationalism and xenophobia. In order to face those challenges efficiently, the European Union needs our region as much as our region needs the European Union.

The diversity of nations, ethnic groups, religions, cultures and beliefs makes South-East Europe a peculiar space, and if we succeed harmony, and prosperity within this diversity we would rejoice together the success of an important European endeavor.

In this context, Albania will continue to be a very committed partner of efficient regional cooperation and full European integration.

In this regard, during our chairmanship of the Southeast European Cooperation Process, we have been insisting on economy, energy and infrastructure, in order to reinforce existing initiatives that bring added value to our EU integration process, and also to bring forth new, flexible and efficient ways of multilateral cooperation in our region.

This is particularly important also in order to support the process started in Berlin last summer, as the most recent display of the existing political will in key EU member states to enhance cooperation in the region so that it may become a true region both in economic and political terms.

My government believes that the Berlin Process but also the relevant macro-regional strategies put forth by the European Union provide us with opportunities to improve connectivity within our region (especially in the Western Balkans) but also with the EU itself.

As such the Albanian presidency of the South-East Europe Cooperation Process will further engage in both diplomatic and political efforts in order to make the most of the political momentum that is now favoring regional cooperation based on concrete regional infrastructure and energy projects.

Last year we commemorated 100 years from a World War that sparked in our region to spread across continents heralding death and suffering hard to imagine for nowadays European young generations.

Precisely after 100 years, in another very peculiar time for the European continent, our region is passing through a unique positive momentum, which with the required determination can spark hope and a renewed perspective of prosperity to the European Union.

Albania is fully committed to facilitate, support and strengthen this positive momentum in our region, and to help unite our forces to meet the expectations of our peoples for a strong and united Europe. It is my firm believe that today that the European Union needs us as much as we need the European Union. And in front of the Union that is struggling with itself, we need to be united and we need to fight to make our voice heard and to show by example that we are ready to be part of a very common struggle. Without us, the Union is much more fragile and much more vulnerable and we should do our best to make it heard and to make it understood.

Again welcome and thank you very much!



Albania-Italy Interconnection line will be constructed by Max Streicher company February 25th, 2015

AEI Updates February 2015 Posted on Thu, February 26, 2015 00:19:40

Albania-Italy Interconnection
line will be constructed by Max Streicher company

February 25th, 2015

The
construction of Albania – Italy Interconnection Electrical Energy Line will be
made by Max Streicher German company, as announced by the Minister of Energy
and Industry, Damian Gjinknuri. Albanian Minister Gjiknuri and the head of Max
Streicher company signed on Wednesday in Munich the agreement in creating a
consortium for the construction of this project.

Based on the agreement, the German company will be the main leader
of this consortium for the construction of a 200 million EUR interconnection
line. Present during the signing of this agreement was the Bavarian State
Secretary of Economy and Energy, Franz Jozef Pschiere, which expressed
Bavaria’s interest and the support towards this project.

Gjiknuri and Pshciere held discussions about the cooperation of
Albania and Bavaria in energy and economy and mentioned the potentials Albania
offers in energy field.

Max Streicher will make the study of the feasibility and will
finance the interconnection line construction in cooperation with other
investors that will take part in this cross-border investment of a huge
importance for the energy corridor of Southern Europe. The implementation of
this project will make possible new investments in renewable energy sector in
Albania.

News source/photo credits: Invest-in-Albania