Russia sees possibility to expand South Stream project to Albania.

By bne IntelliNews October 25, 2010
The Russian government will asses the opportunity to expand the South Stream natural gas pipeline project to the territory of Albania, Albania Daily News reported, citing a statement that Russian deputy foreign minister Vladimir Titov made on his visit to the country. The decision will depend on the evaluation of the countrys need for this type of fuel. Russian energy company Gazprom estimated earlier in this month that the inclusion of Macedonia in the project was very possible. The neighbouring country might transit gas for Albania and Kosovo, if they express interest in such a possibility. Along with Gazproms aspirations to extend the project, participating countries have already declared willingness to cooperate with Albania. South Stream is designed to transfer Russian natural gas to Greece and Italy, passing through Bulgaria. We remind that Albania also takes part in the Trans Adriatic Pipeline (TAP), which is projected to connect the natural gas networks in Europe with suppliers from the Caspian region.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Albania calls tender for supervision of sewerage project.

Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more

Albania's govt approves changes in concession agreement for Devoll project.

The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more

Albanian parliament panel endorses EUR 12.7mn EBRD loan for dam safety project.

The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    6 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    3 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    3 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    26 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss