Albania Oil, Gas and Energy 2015 Summit news

The event’s highlight was the privatisation of Albpetrol announced by the Prime Minister Following his speech, Energy Minister Damian Gjiknuri announced that there are still 13 unexplored onshore and offshore oil blocks in Albania, which the Government aims to offer to private sector investors. He added that the Albanian Government will “ensure a transparent and competitive process to attract serious companies and investors that can afford exploration and produ...

The new Government implemented reforms to bring a middling business environment up to global standards Over the past year, Albania has made significant progress in establishing itself as a credible, multi-party democracy and investment-friendly economy. The new Government implemented reforms to bring a middling business environment up to global standards. In fact, in the World Bank’s 2015 Doing Business Report launched last week, and Albania rose for the first time i...