RSS
Romania, to export one billion euro worth of electricity per year to Albania
Romanian Economy Minister Constantin Nita and his Albanian counterpart on Wednesday agreed on a contract of one billion euro worth of electricity per year to be exported from Romania to Albania, governmental sources told Agerpres on Thursday.
The contract provides the export of a 2.5 TWh electricity volume per year, the aforementioned sources said.
According to sources, the contract details, as well as the electricity sources are going to be discussed in the coming period.
Romania's electricity consumption last year stood at 49.6 TWh, according to the National Energy Regulatory Authority (ANRE).
Therefore, the energy quantity exported to Albania accounts for 5 per cent of Romania's consumption in 2013.
At the same time, the energy production stood at 55.7 TWh last year.
The difference between production and domestic consumption was represented by the technological consumption of the power plants and grids and the energy exports.
Last year, Romania exported 2.47 TWh electricity, the ANRE official data show.
Economy Minister Constantin Nita on Wednesday met Arben Ahmetaj, Economic Development, Trade and Entrepreneurship Minister of Albania, according to a Ministry release remitted to Agerpres on Wednesday.
The Albanian delegation was also made up of Damian Gjiknuri, Energy and Industry Ministry, Taulant Balla, Parliament member, Agron Hetoja, KESH president, Albania's Electricity Company, as well as Sami Shiba, Albania's Ambassador in Bucharest.
'We talked with the Albanian delegation about the need to increase the level of commercial exchanges between the two countries. An important point on the discussion agenda was the cooperation in the energy area, Romania's expertise and experience in the development of infrastructure projects, being highly appreciated by the Albanian delegation. In this respect, there is potential for involving the Romanian companies in the development of projects on the Albanian market, the priority areas being those of: building hydro power plants and small hydro power plants, revamping works, road infrastructure, agriculture, textile industry. At the same time, for Romania it is an opportunity to capitalise the surplus energy production, by selling it on the Albanian market. The energy producers of Romania have the opportunity to become active on the regional market, thus capitalising their energy production at competitive prices,' the release quoted Constantin Nita as saying.
The Ministry representatives also said that, within the meeting the officials discussed the economic cooperation opportunities between the two countries, in areas such as energy, textile industry, agriculture, road infrastructure; the collaboration for investment-drawing in the two countries; institutional modalities of collaboration and know-how transfer in the areas of SMEs, European funds drawing, product authorization, standardization and certification.