THE OIL WAR
EXCLUSIVE Greece attempts to exploit the only reserves, bypassing Albania and Italy THE OIL WAR “Top Secret”: The Ionian hides 160 million tons The testimony of engineer Maks Shuli: The Americans came as early as 1988. The document presented to the prime ministers in '99: We have enough oil for 400 Albpetrols. Rama and “AK” react: Unacceptable
The news
A “top secret” document, published today for the first time, shows that former prime ministers Majko and Meta, in 1999, received information that beneath the waters of the Ionian Sea there are estimated to be at least 160 million tons of oil. The material, coming exclusively to shqiptarja.com from engineer Maksi Shuli, clarifies many of the dilemmas about the rush to sign the sea agreement. The result: Under the sea, around 400 billion USD in recoverable hydrocarbons are “hidden.” Yesterday the statements were also sharpened by PS leader Edi Rama and AK leader Kreshnik Spahiu.
TIRANA
GENC KONDI
The 'Berisha' government has been aware of the presence of a very large quantity of hydrocarbons... continues on pages 2-3
The results of exploration in the oil and gas field by foreign companies in Albania.
The policy of the Albanian Government for the oil and gas sector, unchanged for more than 10 years, aims at achieving the following objectives:
Opening the oil and gas industry to free competition and liberalizing the hydrocarbon market.
Encouraging foreign investment in these fields through the creation of an encouraging and appropriately flexible legal framework.
Creating a magnet for foreign investment by drafting attractive legislation in relation to fiscal pricing and taxes.
From the total set of works carried out at sea, it is concluded that the recoverable reserves of gas and oil from the aforementioned wells are expected to be approximately 500 x 10³ Nm³ of gas and around 160 x 10³ tons of oil.
(left) Map of the sea division between Albania and Greece, rejected by the Constitutional Court (top right) Facsimile of the document on the results of exploration in the oil and gas field by foreign companies in Albania, showing the recoverable hydrocarbon reserves in the Joni-5 area, north of the Ionian Sea