Mar282017 by ESC AdriaticNo Comments
Extractive industry produced $ 953 mln in 2015: EITI report, SCAN, 27/03/2017

Extractive industry produced $ 953 mln in 2015: EITI report, SCAN, 27/03/2017

Article, Informacion
The mining and extractive industry in Albania, according to figures, marked a positive performance in 2015, despite being a difficult year due to low prices of raw materials in the international markets. The latest report of “Extractive Industry Transparency Initiative” reflects a positive trend in its figures. The production generated from oil, mining and hydro-power plants in 2015 was estimated at USD953 million, while contributing to the state budget with 4.1 percent of total revenue. In 2014, the generated output was estimated at $815 million and the contribution to the budget was 3.5%. But how is the situation in each individual sector? The production of crude oil in 2015 was 1.279 million tons estimated at $ 325 million in 2014, while the production in 2014 was 1,386,124 tons valued at…
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Mar282017 by ESC AdriaticNo Comments
WB’s: Time to leave behind the past joining the effort in the regional market by Dr Lorenc Gordani, 28th March 2017

WB’s: Time to leave behind the past joining the effort in the regional market by Dr Lorenc Gordani, 28th March 2017

Activities, Article, Informacion, Publications, Representation, Researches
The electricity market has fundamentally changed since 2009 when the Third Internal Energy Market Package was introduced. Through common energy market rules and cross-border infrastructure, energy can be produced in one EU country and delivered to consumers in another. The WBs, representatives of transmission system operators, regulatory authorities, ministries of energy and power exchanges of the Western Balkans 6 (“WB6”) participants signed a Memorandum of Understanding on Regional Electricity Market Development, thus establishing a framework for future cooperation in Vienna, on 27th of April 2016. The region consists of small and fragmented markets, largely dependent on energy imports. WB’s infrastructure capacities are very limited and prevent a flexible flow of energy. For this reason, the WB countries agreed to cooperate in the process of identifying those projects, which have the…
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