The natural gas market a necessity for Albania?

The natural gas market a necessity for Albania?

Information, Research
The natural gas market a necessity for Albania? Analysis by Dr Lorenc Gordani Head of the Department of Professional Masters Tirana Business University (TBU) [pj-news-ticker] 1. The subject of gasification and gas having a more significant role in the Albanian energy system has been discussed for many years. So why have such initiatives made so little progress so far? This is a complex issue to be detailed in few lines, but searching to summarise in three main points: First, the natural gas market development does not depend only on Albania will, or even that of the countries of the region itself, as well as it is benefit is not only limit to the commercial purpose only. It is related to the geopolitics initiative of the Southern Gas Corridor (SGC) proposed,…
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Energy Arbitration Disputes and Trends in Albania by Lorenc Gordani

Energy Arbitration Disputes and Trends in Albania by Lorenc Gordani

* Highlights, Activity, Representation, Research
Energy Arbitration Disputes and Trends in Albania Analysis by Dr Lorenc Gordani Head of the Department of Professional Masters Tirana Business University (TBU) [pj-news-ticker] 1. The prospect of new arbitration law in Albania 1.1. Overview on the actual legal domestic framework ruling the arbitration After the transformation of ‘90, Albania has no specific law on arbitration, and the rules governing domestic arbitration were incorporated in the Civil Procedures Code, enacted in 1996. The chapter was based on the UNCITRAL Model Law in International Commercial Arbitration (1985). Unfortunately, despite the ongoing Albanian legislator’s endeavours to implement disputes towards arbitration, very few disputes have been settled during the years. The Albanian government decided to undertake reform to increase local business awareness and trust to use arbitration instead of litigation. To this end,…
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Free Market Supplier activity in Albania

Free Market Supplier activity in Albania

Information, Research
Free Market Supplier activity in Albania Analysis by Dr Lorenc Gordani Head of the Department of Professional Masters Tirana Business University (TBU) [pj-news-ticker] This short analysis aims to summarise the first activities of Free Market Supplier (FTL) and the generous loans offered by international donors to support the power reform in Albania. The Free Market Supplier started the electricity trading activity a few months ago by the Energy Regulatory Authority, which conditioned the start of the sale of surplus energy in the unregulated market. Referring to the legislation in force, the public supply company in the free market should purchase electricity from renewable energy sources. Initially, this energy is traded to cover the losses of the Distribution System Operator at the same price at which it buys this energy from…
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