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Trans Adriatic-pipeline project to be discussed at the 2nd Balkans Oil & Gas Summit
  • USA - English


News provided by

IRN

Jul 03, 2013, 08:30 ET

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Athens, Greece (PRWEB UK) 3 July 2013 -- Given the fact that Balkans is an under-explored region when coming to natural resources, Azerbaijan’s decision to proceed with the Trans Adriatic-pipeline project for its future gas exports will cause significant changes to the economy of the region. Albania, Greece and Italy signed an agreement in February that provides them with full political backing in relation to the TAP project. This project is anticipated to drive a major increase in investments and lead to a direct creation of thousands of jobs that will in turn boost the competitiveness to each of their recessing economies.

The 2nd Annual Balkans Oil & Gas Summit, taking place on 24th-25th September in Athens, will address the Trans-Adriatic pipeline project, including its history as a project that has been in discussion for more than a decade, developments it’s going to bring to regional and European markets, and opportunities for diversification of gas imports.

The Summit will welcome the new Minister of Environment, Energy and Climate Change in Greece, Giannis Maniatis, along with the Assistant Minister of Economy in Croatia, Alen Leveric, the Deputy Minister for Mining and Geological Research, Ministry of Economy in Montenegro, Vladan Dubljevic, and the Federal Minister of Energy, Mining & Industry in Bosnia & Herzegovina, Erdal Trhulj. There will also be a host of international and national oil and gas companies such as Repsol, San Leon energy, Hellenic Petroleum S.A., Bankers Petroleum, DEPA Greece, INA-Industrija Nafte d.d., Croatia, DESFA S.A and Stream Oil & Gas, Canada & Albania.

The 2nd Balkans Oil & Gas Summit will take place under the auspices of the Ministry of Economy in Croatia, the Ministry of Economy in Montenegro, the Federal Ministry of Energy, Mining & Industry in Bosnia & Herzegovina and the support of Albania Energy Association.

More information on the 2nd Annual Balkans Oil & Gas Summit can be found online at http://www.balkanssummit.com.

Xenia Sapanidi, IRN, http://www.irn-international.com, +44 20 7111 1615, [email protected]

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