(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 5. Spanish Enagas
company eyes a stake in Albgaz, Albanian gas transmission system
operator, reports citing the company.
The CEO of Enagás, Arturo Gonzalo, and his counterpart at AlbGaz
Arber Avrami, have signed a strategic cooperation agreement in
Tirana, Albania, in which, among other aspects, the Spanish
operator has stated its interest in analyzing the possible
acquisition of a stake in the Albanian company and in studying
joint projects, within the Albanian and European regulatory
framework, and in accordance with the guidelines of the Albanian
government.
The present agreement, whose signing took place at a meeting
chaired by the country's Deputy Prime Minister and Minister for
Infrastructure and Energy, Belinda Balluku, and the Ambassador of
Spain to Albania, Álvaro Renedo, includes an assessment of
participation in natural gas and renewable gas projects currently
being carried out in Albania and in the Mediterranean region.
This agreement was reached as a development of the draft
agreement signed last June by the two leaders of the Spanish and
Albanian operators, Enagás and AlbGaz, in Madrid. The Prime
Minister of Albania, Edi Rama, the Spanish Vicepresident and
Minister for Ecological Transition and Demographic Challenge,
Teresa Ribera, and the Albanian Deputy Prime Minister and Minister
of Infrastructure and Energy, chaired this event over. On that
occasion, the two operators signed a Memorandum of Understanding
(MoU) to collaborate on the development of gas infrastructure in
Albania in order to lay the foundations with which to contribute to
the security of the country's energy supply and the decarbonisation
of its economy, replacing polluting fuels and also promoting
renewable gases.
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