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Prime Minister Edi Rama this Saturday in a meeting with farmers stated that yesterday he held a meeting with the director of one of the largest French companies in the world, for oil and gas.
The head of government, further, during his speech showed that foreign companies have no interest in oil in Albania.
“Yesterday I was with the director of the French company Total. One of the world’s largest oil and gas refining companies. They came here because they want to invest in Albania. He made it clear to me that the blow to the oil market is due to uncertainty. There has been no decline in world oil production. And those who have reserves have raised the price. If the war ends and if uncertainty falls, the price falls immediately. We have connections and we have no connection. Listen to this too. We have here Shell that we are doing an important exploration. They extracted gas in Shpirag. It is in the testing phase to see how financially interesting this discovery is for them. There is talk of a large amount of gas that would change the Albanian economy. It is not yet known if this comes with a profit because the cost of extraction is too high. We also have En, an Italian company. They are not interested in oil in Albania. For oil said we have no interest. It’s heavy oil. The quantities are small. The cost of refining is very high. Making diesel or gasoline with that oil turns out to be more expensive than getting it at the end of the world. We do not have oil“, Said Rama.
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