[ALBSA-Info] News from Korca

[Agron Alibali]

[02] Greek-Albanian cooperation in energy sector
highlighted

Athens, 28/12/1999 (ANA)

Development Minister Evangelos Venizelos yesterday
announced several initiatives and economic cooperation
in the energy sector between Greece and Albania. 

They concern decisions coming in the wake of the
recent meeting between Mr. Venizelos and Albanian
Prime Minister Ilir Meta last week. 

It was decided that in the power sector, after the
recent agreement on the sale at a favourable price of
quantitites needed by the Albanian side by the Public
Power Corp. (DEH) to the Albanian power utility (KESH)
for 2.85 cents per kilowatt, while Gree ce will
undertake all necessary actions for the overall
upgrading of the distribution network in the Korce
region (budgeted at about five billion drachmas, which
will be developed over a period of three years) and
paying all the relevant expenditures whic h will be
covered by development aid funds and will be included
in Athens' Balkan reconstruction plan. 

An acute problem exists in the region of Korce with
continuous stoppages in electric power supply. 

The Albanian government expressed its satisfaction
over the Greek offer, also in the framework of the
relevant memorandum signed between the administrations
of DEH and KESH in Thessaloniki in September. 

It was also agreed that a delegation of Development
Ministry and DEH officials will visit Albania again in
January for an on-the-spot inspection of technical
issues related to the management of water resources
and the building of hydroelectric plants. 

Athens News Agency


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