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Italian Snam Forms New JV for Albania's Gas Pipelines

The Italian natural gas transmission system operator Snam and the Albanian gas infrastructure operator Albgaz signed an agreement to form a joint venture for the operation and maintenance of gas pipelines in Albania, the company announced on Monday.

The joint venture, 75 percent owned by Albgaz and 25 percent by Snam, aims to provide related services to Albania’s gas pipelines.

The signing of the joint venture contract follows the conclusion of an international tender called by Albgaz to select a qualified partner to support the company.

"It [the joint venture] would also facilitate potential future technical collaboration for the development of the Albanian gas market," the statement read.

Albgaz was created in January 2017 and is responsible for the construction and management of Albania's gas market infrastructure.

(Anadolu Agency, 12/06/2018

IENE EVENTS 11th SE Europe Energy Dialogue

PUBLICATIONS SEEEO 2016-2017 SEEED More
EVENTS Energy and Geopolitical Challenges in the East Mediterranean and MENA and the Role of Greece European Gas Conference 2018

COOPERATING ORGANISATIONS IEA WEC Energy Community BBSPA EPG AERS ROEC BPIE RCEN Geothermal Finance and Awareness in European Regions