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This analysis includes a comprehensive Albania energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2019 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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of power generation from hydro
renewable target in final energy consumption in 2020
electricity distribution losses (2019)
Institutions & Energy Policy
The Ministry of Infrastructures and Energy supervises the energy sector.
The NationalAgency of Natural Resources (AKBN) is in charge of implementing the energy policy and regulating the hydrocarbon sector and mining activities.
An Energy Regulatory Entity (ERE), in charge of regulating the energy market and electricity prices, was set up in 1995.
Bankers Petroleum accounts for 96% of gas production (2019).
Albgaz owns all gas infrastructures (10 km of operational gas pipelines and 500 km of idled ones). The company was spun off from Albpetrol in 2017 to take over Albpetrol's gas activities and was certified as the gas transmission and distribution system operator.
Oil production has fallen by 27% since 2014 from 1.4 Mt to 1 Mt in 2019, due to low international prices that cut investments in the sector. Most of this production is exported (65% in 2019). Production tripled between 2004 and 2014.
Gasoline and diesel prices, which were similar until 2016, are quite different now and follow global trends in oil prices. They have been decreased in 2019 after an increasing trend over 2017-2019. Oil prices used to be much lower than in the EU: the gap with the EU average has been reduced since 2000, from -41% in 2000 to 0% for gasoline and from -62% to +7% for diesel in 2019.
Consumption per capita is much lower than the EU average, at approximately 0.8 toe (73% below the EU average), including nearly 2 400 kWh of electricity (57% below the EU average) (2019).
Total energy consumption has been slightly decreasing since 2017 to 2.3 Mtoe in 2019, after a rapid growth between 1995 and 2005 (+5%/year) and a slower growth until 2017 (+0.7%/year).
Issues & Prospects
Infrastructure projects, such as the construction of the AMBO (Albanian Macedonian Bulgarian Oil) pipeline, have made little progress. ARMO's plans to modernise the two refineries to restore production to the original design capacity and meet current EU regulations for fuels have been delayed due to the company's financial difficulties.
Below is a list of the Albania energy market report graphs:
In the Albania energy market report you will find the following tables:
The Albania energy market data since 1990 and up to 2019 is included in the Excel file accompanying the Albania country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The Albania country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
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