Albania is rich in natural resources such as oil, gas, wood, bitumen, chrome and copper. The extractive industries have consistently contributed to the national income and development. Albania’s energy sector, which includes hydropower, hydrocarbons and renewables, accounted for 12% of the country’s GDP in 2019.
While state-owned enterprises have dominated Albania’s extractive sector, the government is promoting privatisation to stimulate development and job creation. Domestic and foreign investment in both mining and petroleum have led to the sector’s growth, furthering the need for transparent and accountable management.
Albania has been using the EITI platform to mitigate corruption, improve natural resource governance, implement an open data policy, introduce legal reforms on beneficial ownership, increase transparency in commodity trading and strengthen civil society oversight. Albania’s EITI reporting also covers the hydropower sector which helps to inform debate and planning around the energy transition.
Company Details
- Employees
- 1
- Founded
- -
- Address
- Rruga Vllazën Huta, Tiranë,albania
- Industry
- International Affairs
- NAICS
-
International Affairs
- Keywords
- JTC Energy Insights.
- HQ
- Tiranë
Eiti Albania Questions
Eiti Albania's website is https://eiti.org/countries/albania
Eiti Albania's LinkedIn profile is https://al.linkedin.com/company/eiti-albania
Eiti Albania has
1 employees.
View email and phone details for 1
employees at Eiti Albania.
Eiti Albania's industry is
International Affairs
Eiti Albania's categories are International Affairs
Eiti Albania's founding year is 2009
