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Albania and Azerbaijan aim to extend bilateral relations – Aze Media

Albania and Azerbaijan aim to extend bilateral relations

The visit of President of the Republic of Azerbaijan Ilham Aliyev to the Republic of Albania on 15 November 2022 was the first state visit of president Aliyev to Tirana. The official visit can be characterized as opening a new page in bilateral relations between two countries. It is worth noting that diplomatic relations between […]

Serbia, Albania to cooperate in energy, mining sectors

The governments of Serbia and Albania signed a Memorandum of Cooperation (MoC) in the area of energy and mining, Serbia s ministry of mining and energy sai

LNG terminal study in Albania underway

Advertisement Excelerate Energy L.P., ExxonMobil LNG Market Development Inc. (ExxonMobil), and the Republic of Albania (The Ministry of Infrastructure and Energy) recently signed a Memorandum of Understanding (MoU) to conduct a feasibility study for the potential development of an LNG Project in the Port of Vlora in Southern Albania. Under the MoU, Excelerate will conduct a study to explore the potential of an integrated LNG to power solution that includes developing an LNG import terminal, converting and/or expanding the existing Vlora thermal power plant, and establishing small scale LNG distribution to Albania and the surrounding Balkans region. “As Albania looks to improve energy security and resiliency, we are confident that an LNG solution would provide reliability to the country’s power grid while complementing intermittent renewables and alternative resources,” said Steven Kobos, President and Chief Executive Officer of Excelerate. “We are pleased to work with our

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