August 2017 - Page 3 of 4

Aug162017 by Céline MarsNo Comments

Moody’s affirms Albania’s B1 rating, maintains stable outlook, Global Credit Research, 04 Aug 2017

Moody's affirms Albania's B1 rating, maintains stable outlook, Global Credit Research, 04 Aug 2017 Moody's Investors Service on 04 August 2017 has affirmed the Government of Albania's B1 long-term foreign and local currency issuer ratings and the B1 foreign currency senior unsecured rating. The outlook remains stable. The decision to affirm the ratings and maintain the stable outlook balances the following key rating factors: (1) Progress on fiscal consolidation, structural reforms and institutional capacity building; (2) Structural economic challenges, despite improving growth prospects; and (3) A still high, albeit declining, debt burden with unfavorable structure of domestic debt The government's fiscal deficit narrowed to 1.8% of GDP in 2016 from 5.2% in 2014. Fiscal discipline has been maintained through this electoral cycle and Moody's expects the deficit to decline further…

Aug152017 by Dr Lorenc GordaniNo Comments

Country manager: Work on building TAP in Albania almost halfway by Trend, 8 August 2017

Informacion

Country manager: Work on building TAP in Albania almost halfway by Trend, 8 August 2017 The work on the construction of the Trans Adriatic Pipeline (TAP) in the sea is scheduled to begin in 2018 and will continue for few years, TAP country manager for Albania Shkelqim Bozgo said.“It’s the easiest part in consideration of technological development. Further on, 2019 will be the testing period and commissioning of the project, and then comes flow of the gas”, Albanian Telegraph Agency reported citing Bozgo. He pointed out that the work on building TAP in Albania is almost halfway. “The current two years consist of the most intensive phase of the project and are expected to inject into the Albanian economy a total of 800 million euros,” added TAP’s country manager. He…

Aug152017 by Céline MarsNo Comments

TAP positively affects Albania’s construction sector, Leman Zeynalova – Trend, 15 August 2017

Informacion

TAP positively affects Albania’s construction sector, by Leman Zeynalova - Trend, Baku, Azerbaijan, 15th August 2017 The continuation of the project for construction of the Trans Adriatic Pipeline (TAP), which envisages delivery of Azerbaijani gas to Europe, has had a positive effect on Albania’s construction sector, according to the data released by the Bank of Albania. At the same time, the growth of foreign direct investment inflows to the country paves way for the development of this sector, said the Bank of Albania. “The construction sector in Albania maintained a positive growth during the second quarter of 2017 and the trend is expected to continue into the second half of 2017,” said the data. “The increase of the approved number of construction permits and the positive contribution of public investments…

Aug152017 by Céline MarsNo Comments

2/3 of TAP gas pipeline cleared in Greece and Albania, by Keep Talking Greece, on August 9, 2017

Informacion

2/3 of TAP gas pipeline cleared in Greece and Albania, Keep Talking Greece, August 9, 2017 More than 500 kilometers out of 765 kilometers of the Trans Adriatic Pipeline’s (TAP) route has been cleared in Greece and Albania, which is 2/3 of the pipeline’s length in those two countries, TAP AG consortium said. At the same time, welding and trenching work continues as part of TAP’s construction, the consortium added. TAP is a part of the Southern Gas Corridor which is one of the priority energy projects for the EU. TAP project envisages transportation of gas from the Stage 2 of development of Azerbaijan’s Shah Deniz gas and condensate field to the EU countries. The pipeline will be connected to the Trans-Anatolian Pipeline (TANAP) on the Turkish-Greek border, run through…

Aug142017 by ESC AdriaticNo Comments

Albania sets tariff of €100/MWh for PV projects up to 2 MW, Emiliano Bellini, August 10, 2017

Informacion

Albania sets tariff of €100/MWh for PV projects up to 2 MW, Emiliano Bellini, August 10, 2017 The regulated tariff, which was previously granted only to small and medium hydro- power plants, was extended to PV up to 2 MW and wind projects not exceeding 3 MW in size. The Albanian energy regulator ERE has set a regulated tariff for PV projects with a capacity of up to 2 MW and wind power projects not larger than 3 MW, according to the government-owned press agency ATA. The ERE has established that the regulated tariff for solar for 2017 will be €100 ($117.8)/MWh, while that for wind power will be €76/MWh. According to ATA, solar and wind projects of this size will be entitled to receive the tariff after the Ministry…

Aug122017 by Céline MarsNo Comments

World Bioenergy Congress and Expo, Conferences series LLC, July 2-4, 2018, Berlin

Activities, Informacion, Publications, Representation, Researches

11th World Bioenergy Congress and Expo, by Conferences series LLC, July 2-4, 2018, Berlin, Germany Conferences series LLC invites all the participants from all over the world to attend “11th World Bioenergy Congress and Expo” during July 2-4, 2018 in Berlin, Germany. Conference includes prompt keynote presentations, Oral talks, Poster presentations and Exhibitions. Theme of the Bioenergy conference is Bioenergy: Mobilizing the Bioeconomy and Globe through Innovation for a sustainable world with an objective to encourage young minds and their research abilities by providing an opportunity to meet the experts in the field of Bioenergy. Bioenergy congress is designed to explore various applications in different fields. Tracks/Sessions: Biomass Biomass feed stocks for renewable energy generation Renewable Energy Biogas Biofuels Bioethanol Bioenergy Conversion Methods Bioenergy Applications Green energy and economy Bioenergy Transition Solar Energy Processes…

Aug122017 by Céline MarsNo Comments

Bringing on the sunshine, published by Leds EEP Platform, on August 10th, 2017

Informacion

Bringing on the sunshine, published by Leds EEP Platform, on August 10th, 2017 Image & source: EBRD Stimulating sound investments in solar power generation has been set as a goal by the Ministry of Energy and Industry of Albania and the European Bank for Reconstruction and Development (EBRD). With the signature of a memorandum of understanding (MoU) last May in Tirana, both institutions have created the basis for establishing an auction-based system that will help develop projects in the country in line with international best practice standards. This will allow Albania to increase the attractiveness of investing in solar power generation, while in the long run reducing its reliance on hydropower and energy imports. Both institutions are now to initialize the development and subsequent implementation of a framework for allocation,…

Aug102017 by ESC AdriaticNo Comments

50 state-owned facilities offered for privatization, by Radio Television SCAN, on 07 August 2017

Informacion

50 state-owned facilities offered for privatization, published by SCAN, 07 Gusht 2017 The Ministry of Economic Development has drafted the fourth privatization package with 50 facilities of former state-owned enterprises that are declared bankrupted. The facilities extend all over the country, but most of them belong to institutions such as the Ministry of Transport, the District of Elbasan, the Ministry of Environment and the Department of State Reserves. The Ministry of Economic Development Department has drafted three previous lists with respectively 60 and 40 facilities which have already been presented to the Ministry of Finance. The request for the privatization of a state asset may be addressed to the Ministry of Economic Development, Trade, Tourism and Entrepreneurship or to the relevant institution that has in the administration/ownership the facility in…

Aug72017 by ESC AdriaticNo Comments

Amount of indicative copper concession in Albanian, Dr. Lorenc Gordani, 8th July 2017

Article, Informacion, Publications, Representation, Researches

Amount of indicative copper concession in Albanian, Dr. Lorenc Gordani, 8 July 2017 Albanian Ministry of Energy has call an invitation for expressions of interest from domestic and foreign investors to invest in the copper extraction and processing industry. The amount of indicative resources (forecasts) is over 17.5 million tons of copper mineral. Geologist researchers also provide a range of possible resources for mineralized objects and displays that are fixed and documented but no necessary works related to exploration have been carried out to return them to sources. Mining sources in use - Munelle Deposite - Lak-Roshi Deposite These deposits have begun to be mined from 2005 to 2015 by a concessionary company "Beralb" ltd, which has received with mining licenses and other deposits to mine the ore and supply…

Aug52017 by Dr Lorenc GordaniNo Comments

Copper Concession – History of the copper industry in Albania, Dr. Lorenc Gordani, 4 July 2017

* Highlights, Article, Informacion, Publications, Representation

Albanian open call in copper - brief history of the copper industry in Albania, Dr. Lorenc Gordani, 4 July 2017 Albanian Ministry of Enegy has made public an invitation for expressions of interest from domestic and foreign investors to invest in the copper extraction and processing industry with the aim of complex and rational use of the first mineral resource through complete processing in the country to final wire and cable products, synchronization and recycling copper and its alloys, as an added value for income growth, GDP contribution, export and employment. The copper industry is one of the oldest industries in the country. It has operated as complex ranging from geological research, mineral extraction, enrichment, blister copper production, electrolytic, wires and cables, brass and other copper alloys, brass lamination up…