Albania’s Energy Ministry on Friday presented a feasibility study for a 618-million-euros gas corridor between Albania, Bosnia and Croatia, which it hopes the EU and US will support.
A segment of the Trans Adriatic Pipeline under construction near Korca, Albania, on July 2017. Photo: BIRN.
Albania’s Ministry of Energy on Friday in Tirana unveiled a preliminary feasibility study for a proposed Ionian-Adriatic gas pipeline, hoping the EU may fund construction of the section of the pipeline between Albania and Montenegro.
Damian Gjiknuri, Minister of Energy and Infrastructure, said Albania had a strong interest in the pipeline project, which could help gasify the country. “We hope for support from the EU and the US [for the project],” he said.
The 511-km-long pipeline, expected to cost up to 618 million euros, aims to link the Trans-Adriatic Pipeline with Montenegro, Bosnia and Croatia.
The feasibility study calls for a new pipeline with a capacity of 5 billion cubic meters per year, BCM, from which Albania and Bosnia hope to consume 1 BCM each, Montenegro 0.5 BCM while Croatia, the biggest and the strongest economy in the Western Balkans, is expected to consume 2.5 BCM per year.
The US Ambassador to Tirana, Donald Lu, expressed America’s support for the project, as a way to obtain a new source of energy that is not dependent on Russia, and as a means to strengthen regional energy collaboration.
The Albanian Energy Ministry said that, in collaboration with the European Commission, its Directory for Energy and the Ministry of Economy of Montenegro had presented a proposal to the Western Balkans Investment Framework, hoping it will finance the development of the project for the sections in Albania and Montenegro.
The Trans-Adriatic Pipeline is currently under construction. It is expected to ship gas from Azerbaijan to Italy through existing pipelines in Turkey and Greece and through a new pipeline running from Greece to Italy through Albania and under the Adriatic Sea.
The pipeline will have an exit point near Fieri, in Albania, which creates hopes of getting new energy supplies for all Western Balkan countries.
They all have large energy deficits and are heavily dependent on coal to generate electricity. Albania and Montenegro have large hydropower capacities but they are not sufficient to cover all their energy needs.
A gas network could help both countries to produce electricity by burning gas and substitute the use of electricity in some functions like heating, thus limiting the need to use coal and protecting the environment at the same time.
“I want to underline that our project is built with the utmost care for the environment. Our teams are working very carefully along our route to ensure that the land on which construction has been completed is returned to the owners or users in its original condition or better. We are also collaborating with local authorities and local stakeholders to ensure that the benefits of our project are tangible across all those communities crossed by the pipeline.” Schieppati added.
Disclaimer: The consultation of this article can be made through its original source. The authorship and the opinion expressed pertain to their authors. While all the effort are made by Esc Adriatic to ensure the accuracy of this publication, it is not intended to provide legal advice as individual situations may differ and should be discussed with an expert and/or lawyer. For any specific technical or legal advice on the information provided and related topics, contact us through “email@example.com”.