At a media briefing from Madrid after the signing of the Memorandum of Understanding between “Albgaz” sh.a. and the leading Spanish company ENAGAS, Balluku spelled out the advantages of this cooperation.

“Today is another marked day for the Albanian energy sector, because an important European partner has joined us. ENAGAS, one of the largest gas infrastructure companies and one of the European certified carriers of gas, both liquefied and natural, is already a partner with the Albanian ‘Albgaz’. After negotiations with the Spanish company, today we signed a memorandum of understanding, which lays the groundwork for a very bright future in the energy field between our two countries,” said Balluku.

The Minister informed that ENAGAZ is committed to contribute to the establishment of carrier starting in the entire western part of the Western Balkans from Croatia to Greece, which includes Albania with the floating port of Vlora and the exit points In our territory of the TAP pipeline.

“But it is also committed to participate in the investments of natural liquefied gas deposits and in all the steps that we will take in the future in the terminal and power plant of Vlora, which is expected to reach up to 350 megawatt-hours “, She said.

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