Albania can become a new front with its large and unexploited oil resources

Albania can become a new front with its large and unexploited oil resources! Albanian Prime Minister Edi Rama in World Petroleum Congress (WPC) declared that the country's geographical position makes Albania part of a large project like the TAP pipeline. Since yesterday, Prime Minister Edi Rama has been in Turkey for an official state visit. He met with Turkish President Recep Tayyip Erdoğan, discussing the cooperation between the two countries, including the development of Vlora airport and an Albanian airline company. On a Facebook post, the Albanian Prime Minister wrote: “Essential progress regarding the Vlora airport and the Albanian airline, which logistical and technical assistance of Turkish Airlines”. Prime Minister Edi Rama paid visits the Turkish Airline headquarters. "The ambitious project for the construction of an Albanian Airline was the main topic of discussion with the Turkish Airline directors. The project's finalization is rapidly approaching thanks to the Turkish logistic support company" said the chief of executive on Monday. Earlier this project was discussed during PM Rama's meetings with Turkish President Erdogan and Prime Minister Binali Yildrim. On a Facebook post, Rama says that with Yildirim he discussed plans for the next four years, with the purpose to establish an important commercial and economic partnership. Also Albanian Prime Minister has participated in the World Oil Congress, which started this Monday and will last until July 13th. 50 ministers, 500 CEOs, and 6,000 delegates from all over the world will take part in the deliberations. Albania's large and unexplored petroleum resources were the issues addressed in Prime Minister Edi Rama on Monday during the 22nd World Petroleum Congress (WPC) in Istanbul. The Premier declared that the country's geographical position makes it part of a large project like the TAP pipeline. “Due to its geographic position, Albania will be part of one of world’s biggest energy itineraries, such as the Trans Adriatic Pipeline. We are also close to one of the biggest onshore oil fields in Europe, with 220 million barrels”, Rama said. "I believe that Albania can become a new front for petroleum resources on the view that we have large and unexploited resources." The energy sector is a strategic priority for the government, and we should work together to succeed in this project, declared PM Rama. Rama had declared that Albania could turn into an important investment destination for big oil companies. “Our country has unexploited reserves which could turn us into the new front line of petroleum, far from the Middle East heat. Our government’s cooperation with private companies is very important to guarantee a constant growth”, Rama said. The Albanian Prime Minister underlined that the focus of his government is to increase oil supply for Albanian consumers and to keep integrating the Albanian energy market with the Balkan and European ones. “The main focus is to increase the security of energy supply for Albanian consumers and to continue the progress towards greater integration of the Albanian energy market into our regional western Balkan market and, more broadly, European markets.