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Albania : ALBANIA gets 1.1 mln euros loan

June 17, 2014

Albania s gas plan will get 1.1 million euros in loan from The Western Balkan Investment Framework (WBIF).

Together with funds secured by the state oil firm of Azerbaijan SOCAR and Heading Board of the Trans Adriatic Pipeline project, the loan marked a milestone in Albania s gasification.

As per the gas plan, a study will be carried out on evaluation of technical and commercial conditions and requirements regarding absorptive capacity plus distribution infrastructure for Albania s gasification.

Moreover, the plan could recognize priority investment projects deemed essential to ease the gasification.

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Source: TendersInfo (India)

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