BAKU, Azerbaijan, July 6. President of the Republic of Albania Bajram Begaj will visit Azerbaijan, Trend reports.
Bilateral cooperation between the countries will be discussed, as well as mutual interest in creating a modern gas network in Albania.
Moreover, special attention will be paid to the implementation of projects for the distribution of gas from Albania to other countries in the region.
Albania is one of the countries through which the European part of the Southern Gas Corridor passes. However, for the time being, Albania is not receiving Azerbaijani gas due to the lack of the necessary infrastructure.
Albania intends to connect the Vlora TPP with the TAP through the gas pipeline as well as the LNG terminal to improve the energy security of the country and the region. As recently reported by the European Commission, connecting Albania to regional gas pipelines such as TAP and the Ionic-Adriatic Pipeline will increase the energy security of the region.
Some 1.2 billion cubic meters of gas, of which 1 billion will go to Italy and 200 million to Albania, will be transported via TAP from 2026.
According to the data from the State Customs Service of Azerbaijan, from January through May 2023 the trade turnover between the two countries amounted to $355.87 million. About $104.68 million of this amount accounts for export from Azerbaijan to Albania $251.19 million - for import.