TIRANA, Sept. 9 – The Albanian government has awarded a new 35-year concession to a consortium to build and operate a multy buoy mooring that will handle tankers transporting fuel of more than 20,000 tonnes in Porto Romano, outside Durres, where a smaller oil and gas terminal already operates.
The consortium led by Singapore-based Adriatik Petroleum Platform PTE LTD” and composed of Italy-based “ATEC S.r.l” , Netherlands-based “Mampey Offshore Industries B.v” and Albania-based “Salillari” will build an off-shore port which is expected to increase the handling of fuel imports and exports to 1 million tonnes a year.
Under the contract which has been submitted to Parliament for approval, the concessionaire will pay the Albanian government a 2 percent fee on its annual turnover. The consortium plans to invest $10.2 million in the new port which is expected to be made available in 18 months from the kick off of construction.
Albania’s Competition Authority has previously found that the Romano Port concessionaire in Durres which has exclusive rights in liquid gas load/unload operations holds a dominant position in the maritime loan/unload liquid gas market.
