Albania’s Energy Ministry on Friday presented a feasibility study for a 618-million-euros gas corridor between Albania, Bosnia and Croatia, which it hopes the EU and US will support. Albania’s Ministry of Energy on Friday in Tirana unveiled a preliminary feasibility study for a proposed Ionian-Adriatic gas pipeline, hoping the EU may fund construction of the…

For years, the country of Serbia and Bulgaria depended on Russian energy until recent agreement was reached by the two countries’ ministers to make a gas interconnector that should become fully operation by 2020 to reduce said dependency. Temenuzhka Petkova, Bulgaria’s current energy minister and Aleksandar Antic, her Serbian counterpart has recently signed a memorandum…

CEO of Hellenic Petroleum group has confirmed new investments in HP’s branches in Montenegro, Serbia, Macedonia, Bulgaria and Cyprus. “We estimated that by 2023, diesel and petrol will remain the main fuels for the cars, and on the basis of this assessment, we have invested 2.5 billion euros in our three oil refineries in Greece,…

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Petros Stathis

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