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Home ATTUALITA

Top Story / Bankers Petroleum, not a penny of profit tax to the Albanian state in two decades

by imkadmin
Jan 26, 2022
in ATTUALITA
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Top Story / Bankers Petroleum, not a penny of profit tax to the Albanian state in two decades
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In almost two decades since the start of the use of the Albanian underground with black gold, by the company Bankers Petrolium Albania Ltd, it has not paid a single penny of profit tax to the Albanian state.

As a result, they themselves have not benefited from the greater underground wealth of the Albanians.

This company according to the official data of the Ministry of Energy has paid liabilities to the company Albpetrol until 30-09-2021, the amount of 407,798 thousand tons of crude oil.

But Bankers also has arrears to Albpetrol, which is in the amount of 33,000 tons of oil.
It is about the exploitation and conduct of oil operations in the basin of the Patoz Marinza region.

“Unfortunately in the case of Albania, in almost no sector of natural resources that have been granted by concession, concession contracts, this mix of factors has not occurred. So technology, management, contributions, budget, etc. This is so true that even countries that are occupied, if you look at the benefit of the national economy per unit, per ton is much larger than a sovereign country “said Zef Preçi , economics expert.

“The figure you mention for me is new and leaves me a little surprised because what I thought would benefit Albpetrol in all these years would be much higher,” said economic expert Ilir Ciko.

What is this pond? What is its importance and how has it been used over the years? What is the history of the companies that have concluded agreements with the Albanian state since 1992 after the change of systems for the use of underground oil in this basin? How responsible, transparent and competent has the Albanian state been to protect the interests of Albanians in the agreement?

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