Rama: Prepare for dramatic cuts in energy and oil supplies

Rama: Prepare for dramatic cuts in energy and oil supplies

The country's prime minister, Edi Rama, along with Energy and infrastructure Minister Belinda Balkan, has held a conference on Russia's impact on Ukraine and NATO countries, and effects on energy and oil prices. During his speech the prime minister said that the price of the oil inside is [...]

During his speech, the prime minister said that the price of the oil inside has jumped and keeps dancing for hours. Albania is directly affected like all other countries. The discussion on the price of oil in Albania is directly influenced by the market, because it is not taken into account that in the price structure we have contributions that are paid separately in other countries. The amount of cost of those who consume oil is the same. We need to prepare psychologically for dramatic cuts in energy and oil supplies. This can also come from the most dramatic scenario”.

The prime minister added that “... we're in a very fine battle, from everything else we've seen to this day in our lives. We need to prepare for a very difficult time”.

You have close friends in Italy, Greece, ask what kind of life we're dealing with today with gas, electricity bill. The problem is that we've entered the market as a market economy and oil, energy, or others, they're bought in the free market, which doesn't ask how much your salary is, the price is the same. I say again, we're still fine, there's worse. The Russian government's representative yesterday threatened that Europe should prepare for $300,000 in oil barrels. That's more than double the current price, which is a tremendous price in relation to where we were. Move every minute for price, we were 127 when we started the conference, now I don't know how much we could be. Here the biggest problem before us is not the price, it's lack. The war and all this economic battle layer with Russia is missing. It is said today that this power crisis, which was ridiculed when I warned him, could last until June, without the middle war at all, at prices that have been overcome today, and today we have come to 550 euros of a commodity that was 52 euros at the same time last year, and talk about a thousand, and the problem is there will be no power.

Rama has also announced the creation of a Special Interministerial Committee to cope with the consequences of the war.

“I inform the public about the creation of an Interministerial Special Committee to cope with the consequences of the war. We are not in terms of a military threat, but we are like all other NATO nations even wider, in terms of daily economic threat. Energy is the backbone of the entire economic system. While the threat of deepening the energy crisis comes only by increasing. I have warned him that was coming, but without even thinking that Russia's readable geopolitical movement to influence prices on energy and hydrocarbon was the presumption of armed aggression”, he said.

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