mining royalties – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Thu, 21 Oct 2021 16:16:41 +0000 en-US hourly 1 Crude oil production estimated at 3.9% higher in 9-month period of 2021 https://en.ata.gov.al/2021/10/21/crude-oil-production-estimated-at-3-9-higher-in-9-month-period-of-2021/ https://en.ata.gov.al/2021/10/21/crude-oil-production-estimated-at-3-9-higher-in-9-month-period-of-2021/#respond Thu, 21 Oct 2021 16:16:41 +0000 http://en.ata.gov.al/?p=164125 TIRANA, Oct.21 /ATA/ In the first 9 months of 2021, revenues from mining royalties on exports reached ALL 1.8 billion or reckoned at 128.5% compared to last year and 99.8% of the plan, or 4 million less.

According to the official data published by the Albania’s Ministry of Finance and Economy, revenues from crude oil royalties are estimated at ALL 1.4 billion, 380.7 million or 36.7% more than in the 9-month period of  2020.

Compared to last year, revenues from crude oil royalties marked an increase as a result of the increasing quantity of crude oil production in the first 9 months of 2021 which is estimated at 3.9% more than last year with an effect of ALL 40.5 million, but also at the same time the increase in the price of crude oil in international markets showing an effect of ALL 340.2 million.

In the 9-month period of 2021, per unit royalty increased to 2.31 ALL /ton compared to 3.04 ALL /ton.

Meanwhile, revenues from exported minerals increased to ALL 345.8 million, due to the increase in the quantity of exports by 7.5% compared to the first 9 months of 2020 with an effect of ALL 23 million, and the increase in the price of minerals, with an effect ALL 17.7 million.  //a.i/

]]> https://en.ata.gov.al/2021/10/21/crude-oil-production-estimated-at-3-9-higher-in-9-month-period-of-2021/feed/ 0 Export revenues from mining royalties estimated at 1.2 billion ALL https://en.ata.gov.al/2021/07/16/export-revenues-from-mining-royalties-estimated-at-1-2-billion-all/ https://en.ata.gov.al/2021/07/16/export-revenues-from-mining-royalties-estimated-at-1-2-billion-all/#respond Fri, 16 Jul 2021 16:53:50 +0000 http://en.ata.gov.al/?p=155641 TIRANA, July 16/ATA/ Export revenues from mining royalties were realized at the extent of ALL 1.2 billion, 134.9% compared to last year and 103.7% of the plan, or ALL 44 million more.

According to the official data published by the Ministry of Finance and Economy (MFE), revenues from crude oil mining royalties are estimated at 1 billion ALL, 328.4 million or 47.8% more than in the 6-month period of 2020.

Compared to last year, revenues from crude oil mining royalties have shown an upward trend as a result of the increase in the amount of crude oil production, which in the first six months of 2021 accounted for 12.9% more than last year reaching ALL 88.6 million, but at the same time the increase in the price of crude oil in international markets, reaching ALL 239.8 million.

In the first 6 months 2021, MFE said that, there has been an increase in mining royalties per unit from 2.36 ALL / ton to 3.08 ALL / ton.

Meanwhile, revenues from exported minerals have increased by ALL 24.1 million, due to the increase in the quantity exported by 10.5% compared to the first six months of 2020 with exports valued at ALL 21.4 million and an increase in the price of minerals, reaching  ALL 2.7 million. //a.i./

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