Map of Oil Field Areas in Privatization

Lorenc Gordani 09 May 2015

The Ministry of Energy and Industry following decision
of the Council of Ministers No. 335, has developed the legal framework for the
extraction of 13 oil blocks for exploitation by the private sector.

From the areas that will be used for detection operations,
there will be a block in the sea as well. Albania is estimated to have oil
reserves amounting to 400 million tons, while only 10% and, the new discoveries
in the district of Berati have attracted high interest for investments in our
country from international companies.