Latest News from Albania
Chinese Buy Rights to Oil Fields in Albania
Canada's Banker's Petroleum has announced the sale of oil exploration and production rights to affiliates of China's Geo-Jade Petroleum for a price of $442.34 million.
The Canadian company announced the news in a press release on Sunday, adding that the Chinese company is going to pay $1.69 per share. The board of directors of Bankers approved the deal unanimously.
Albania Opposition Signs Lobby Firm Before US Visit
Albania's opposition Democratic Party leader Lulzim Basha travels on Monday to the US with key aides for meetings with members of Congress and US officials to discuss democracy and the rule of law in Albania.
However, BIRN has learned that on the eve of the visit the Democratic Party signed a contract with the lobbying firm Podesta Group to secure access to Washington's top echelons.
Italy to Help Albania Stop Refugee Influx
Italian police are to help their counterparts in Albania stop a feared influx of refugees after countries on the so-called Balkan route closed their borders.
Worried that refugees may divert their route to Western Europe through Albania and the Adriatic Sea - ending up in Puglia - Italian authorities have decided to invest in preventing such a situation.
Terror Suspect Presents Albania With Huge Bill
Saudi businessman Yassin Kadi lost his business empire in Albania, built up in the 1990s, after his name was included on a UN black list of terror financiers in 2001.
Fifteen years later, Kadi has cleared his name following lengthy court proceedings in Europe and the US and has won back his properties in Albania.
Kathimerini: Bulgaria, Albania Take Action Fearing Refugee Influx
Bulgaria and Albania are beefing up security along their border with Greece in fear that "thousands of refugees may show up at their doorstep," Greek daily Kathimerini writes.
The development follows the "official" closure of the so-called Western Balkans route for migrants crossing into Europe from Turkey and heading further west to Germany.
Bulgaria, Azerbaijan Presidents Discuss Energy Cooperation
Bulgarian President Rosen Plevneliev has told Azerbaijani counterpart Ilham Aliyev that his country has advanced in the construction of gas links with neighboring states.
Plevneliev informed his counterpart that the Bulgaria is poised to complete the construction of the gas link with Romania and is to start building the interconnection with Greece.