Gas Supplies Via TAP Would Help Albania Cope With Its Energy Needs, Says Economist
Date
11/16/2022 1:54:38 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 16. Any energy
cooperation of Albania with Azerbaijan, and in particular related
to gas supplies via TAP, would help Albania cope with its energy
needs, Isilda Mara, Economist at the Vienna Institute for
International Economic Studies, told Trend November 16.
She noted that the Trans Adriatic Pipeline (TAP), which
transports gas from Azerbaijan to Italy crosses Albania for more
than 200 km, but so far Albania was not a part of any agreement for
getting access to Azerbaijani gas.
“Albania relies mainly on hydro energy for electricity
production. Recently, a number of energy projects such as solar
power plants have been launched, but it will take few more years
until the production starts. As such, the energy sources are not
diversified and reliance on imports is estimated at close to 30
percent. Certainly, Azerbaijani gas could be another source which
would help Albania to be less exposed to shortages of electricity
production by hydropower plants, especially if the country is
affected by prolonged periods of droughts (more and more frequent
in the recent years),” added Mara.
As for other spheres of cooperation, the economist said
probably, Azerbaijani investors could find good synergies to invest
in Albania in other areas such as tourism that has become quite
promising in the recent years.
“ICT services could be another one. Many young talented and high
skilled Albanians are offering their services online or remotely
especially to foreign companies in the EU, but also worldwide,” she
added.
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