Excelerate, Snam and Albgaz sign MoU on potential gas pipeline in Albania
US liquefied natural gas (LNG) company Excelerate Energy has announced that it has signed a memorandum of understanding with Italian energy infrastructure company Snam and Albanian gas operator Albgaz for potential cooperation for the construction of a gas pipeline in Albania , the press reported. SeeNews portal.
The three companies will explore the potential construction of a gas pipeline from Vlora and other natural gas infrastructure opportunities in Albania, which could potentially provide underground gas storage in the country, Excelerate Energy said Thursday.
The Albanian gas utility company of Snam and Albgaz could potentially operate and maintain the future pipeline, according to the press release. Planning should begin immediately with representatives from each company forming a coordination team, Excelerate said.
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