9 hours agoAlbania signs energy deal with Italy, Emirates
Periskopi(a year ago)
(a year ago)Albania, Italy and the United Arab Emirates on Wednesday have signed an agreement of about 1 billion euros. Within the framework of Abu Dhabi Last week, Italian Prime Minister Giorgia Melon announced the signing of a strategic agreement on energy interconnection between Albania and Italy. The deal, aimed at creating an infrastructure that will enable transport [...]
The agreement aims to create an infrastructure that will enable the transport of renewable energy from Albania to Italy through an underwater cable in the Adriatic Sea, Reuters agency reports.
We firmly believe in this project involving our three governments, as well as our private sectors and electricity distributors”, Mellon declared during the meeting at Abu Dhabi.
It is a trilateral agreement aimed at producing renewable energy in Albania and exporting it to Italy via underwater cable. This agreement will include energy distributors in Italy, Albania, as well as distributors from the United Arab Emirates, Albanian Prime Minister Edi Rama has said during the summit.
He also added that this kind of infrastructure would connect Vlora's port with Italy's southern region, Puglia, the closest part in the countries, and is expected to last the project more than three years.
