Serbia and Albania signed a memorandum of cooperation in the energy sector

MOSCOW, Sep 2 — PRIME. Serbia and Albania within the framework of the cross-border initiative Open Balkan signed a memorandum of cooperation in the field of energy and a number of other documents, RIA Novosti correspondent reports.

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Serbian Minister of Mining and Energy Zorana Mihajlovic and Albanian Minister of Infrastructure and Energy Belinda Baluku signed a Memorandum of Understanding between the two ministries, providing mutual support for investments in new capacities and future construction of an LNG terminal in Albania.

We are talking about a project that in March 2021, Excelerate and ExxonMobile from the United States approved with the leadership of Albania – the construction of an LNG terminal in the port of Vlora on the Adriatic Sea. In June 2022, the authorities of the self-proclaimed Republic of Kosovo announced that they were joining the project.

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The memorandum also provides for the development of electric power capacities with renewable energy sources, the exchange in the field of scientific and technological research and the field of “green” energy, the development of cooperation in transport, storage and transmission of energy, as well as in geology and mining.

In addition, the parties signed an operational plan in the field of civil protection between Serbia, Albania and North Macedonia, which was endorsed by the heads of the Ministry of Internal Affairs. The document is a continuation of the previous agreement on cooperation in emergency situations.

On Thursday, the largest Belgrade exhibition and fair complex hosted the opening of the wine and food exhibition Wine Vision by Open Balkan with the participation of about 400 producers from 22 countries, including the EU, Australia, Argentina, South Africa, and the USA. Serbian President Aleksandar Vučić, Albanian Prime Ministers Edi Rama and North Macedonian Prime Ministers Dimitar Kovachevski are present at the opening.

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On Friday, the Chamber of Serbia government complex hosted the working part of the summit, where Foreign Ministers of Hungary Peter Szijjarto and Turkey Mevlut Cavusoglu and the head of the Council of Ministers of Bosnia and Herzegovina Zoran Tegeltija arrived as guests.

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