Albania toward large and sustainable developments

Albania toward large and sustainable developments

* Highlights, Activity, Information, Representation, Research
Albania toward large and sustainable developments Analysis by Dr Lorenc Gordani Head of Professional Masters Department Tirana Business University (TBU) [pj-news-ticker] I. Country Overview Albania like the rest of the Western Balkan has continued encourage foreign capital to enter the energy sector. In 2018, the net inflows of foreign direct investment amounted to 8% of the national GDP (IMF, 2018). Investments that have already reached above $ 1 billion in 2019. A considerable interest that has made that electricity produced by private sector reached 43% of net domestic production in 2019. Notwithstanding which the country remains a net importer on average for around one-third of its needs. Notably, in 2019, drought-triggered electricity imports cost by € 209 million and put the power utility KESH and distribution operator into severe financial…
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Report Release on Electricity Generation Capacity Development

Report Release on Electricity Generation Capacity Development

* Highlights, Activity
"Legal Assessment on the Electricity Generation Capacity Development in Albania” by Dr Lorenc Gordani / EuroElektra, 06th October 2017 Tirana, on 06th October 2017 – The platform Esc Adriatic has released the presentation on “Legal Assessment on the Electricity Generation Capacity Development in Albania”, and related slides, prepared by EuroElektra and ACERC under the scientific direction of Dr Lorenc Gordani. The here presentation, aim to bring a synthetic overview, based in our daily empirical experience on legal granting rights, about the investments in process and future projections development of the national electricity generation capacity in Albania. The main bulled point, offer an answer, to the pressing today’s concerns, such are: “Following the today trends of investments and public policies, when it is predicted to be meet the internal demand in…
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Oil production substantially increase the exports

Oil production substantially increase the exports

Information
Oil production substantially increase the exports Autori: Dr. Lorenc Gordani Legal Adviser in the Albanian Energy Market A recent article in the renowned magazine Oil Price asked “Can Oil Pull Greece Out Of Poverty?”. The obvious thought that rise up in mind is a parallel with already huge amount reserves available and exploited in Albania. According to data published by state-run statistical institute, INSTAT, Albania’s exports officially grew by double digits in the first half of this year. In spite of the influence in this result that came from the bankruptcy of the only local refining industry to the ownership of the Armo company, the fact is that the hydrocarbon sector is very important for Albania. On regard, an important part of exports growth is a result of a sharp…
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