Albania agrees on the terms for the Southern Gas Corridor pipeline’s future delivery

The Albanian Ministry of Economy, Trade and Energy and the Trans Adriatic Pipeline (TAP) project have today signed the Host Government Agreement (HGA), formally agreeing the terms of engagement for the Southern Gas Corridor pipeline’s future delivery.  The HGA sets...

Select Your Countries:
Albania
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
FYROM
Greece
Montenegro
Romania
Serbia
Slovenia
Turkey
   

    
Select SIX industries you would like to appear:
Aerospace & Defense Agribusiness & Forestry Auto Industry
Capital markets Chemicals Construction & Materials
Economy & Statistics Environment Energy & Utilities
Financial Services Food and Beverage Franchising
Gaming Infrastructure Machinery & Appliances
Marketing & Advertising European Union Metals & Mining
Paper & Packaging Pharmaceuticals Real Estate
Retail Shipping Science
Telecoms, IT, Electronics, Media & Internet Textile & Clothing Tobacco
Tourism Transportation Wood and Furniture
Other        
Note: You can always change your choice later by unchecking the appropriate box or uncustomize all..        

Getting started

The first thing you need to do is choose a news reader, if you already don't have one. This is a piece of software that checks feeds you have requested and lets you read any new articles that have been added. There are various types of news reader. You should choose one that will work with your computer’s operating system.



When you have chosen a news reader, you can decide what content you want to keep up to date with. Please choose from below:

Albania Bosnia and Herzegovina Bulgaria Croatia
Cyprus FYROM Greece Montenegro
Romania Serbia Slovenia Turkey
INTERVIEWS BY BALKANS.COM      

Problems ?

Alternatively, you can paste one of the BBN RSS URLs into a new feed in your news reader.


http://www.balkans.com/rss/english/albania.rss
http://www.balkans.com/rss/english/bulgaria.rss
http://www.balkans.com/rss/english/cyprus.rss
http://www.balkans.com/rss/english/greece.rss
http://www.balkans.com/rss/english/romania.rss
http://www.balkans.com/rss/english/slovenia.rss
http://www.balkans.com/rss/english/bosnia.rss
http://www.balkans.com/rss/english/croatia.rss
http://www.balkans.com/rss/english/macedonia.rss
http://www.balkans.com/rss/english/montenegro.rss
http://www.balkans.com/rss/english/serbia.rss
http://www.balkans.com/rss/english/turkey.rss

Find more about RSS FEEDS !
Name:  Surname: 
Country:  Company name:
Email (Username): (If you would like to change your email address please notify us at news@balkans.com.)
Password:  Confirm password: 
Visak koda  
   
     

MY ALERTS

MAKE NEW ALERT

 E-mail article  Print  Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά  Text

Albania agrees on the terms for the Southern Gas Corridor pipeline’s future delivery



Balkans.com Business News Correspondent - 08.04.2013

The Albanian Ministry of Economy, Trade and Energy and the Trans Adriatic Pipeline (TAP) project have today signed the Host Government Agreement (HGA), formally agreeing the terms of engagement for the Southern Gas Corridor pipeline’s future delivery.  The HGA sets out the regulations by which the project will be realised and operated on Albanian territory. This includes processes on land easement and acquisition, the implementation of technical, safety environmental and social standards and permitting regulations. Upon ratification by the national parliament in the coming weeks, the HGA will become a fully binding law.   TAP is one of the largest sources of foreign investment in Albania,  which would provide a major source of revenue to the country. During construction TAP will stimulate employment in a range of direct and indirect industries including manufacturing and utilities, transport, communications and financial and business services. It will also contribute to the development of Albanian roads and other infrastructure.   Furthermore, the project will play a major role in developing Albania’s energy market and facilitating the Government’s objective of becoming a gas hub for South East Europe. Planned exit points in the country and a reverse flow facility will help to ensure security of supply, while there is also an option to develop natural gas storage facilities in Fier.    Kjetil Tungland, TAP's Managing Director, stated: "Today is another important milestone in the Trans Adriatic Pipeline project’s delivery, demonstrating again our readiness to meet the Shah Deniz Consortium’s timetable.As one of the largest sources of foreign investment into Albania to date, TAP will create any number of direct and indirect benefits including significant investment into the country and in the creation of jobs.“We would like to thank the Albanian Government for their continuing support in realising today’s agreement and look forward to working closely with them in realizing TAP, and all of the benefits it will bring for Albania.”TAP will enhance Europe’s energy security and diversity by providing a new source of gas. The pipeline will transport natural gas from the giant Shah Deniz II development in Azerbaijan, through Greece and Albania to Italy, from where it can be transported further into Western Europe.The Albanian section of the pipeline will start at Bilisht Qendër in the Korc¸a region at the Albanian-Greek border, and will stretch some 209km to the coastal area north of Fier where it will join the Adriatic. The Albanian offshore section will be 60km in length. Source:TAP


LATEST NEWS ON BALKANS.COM

Related News in English

Povezane vesti na srpskom

Συναφείς Ειδήσεις στα Ελληνικά

Email