Long a natural paradise, Albania is determined to become one of the main hydrocarbon suppliers in the area. And Bankers Petroleum has been awarded the largest oil field in Albania.
Bankers Petroleum is a Canadian oil company that since 2004 operates the largest oil field in Albania, the Patos-Marinza Oil Field.
The field, in use by the 1928, is 10 km from Fier and represents one of the largest oil fields in Europe. Despite the obvious job opportunities for many Albanians living in the area, the Patos-Marinza Oil Field is the cause of many problems for the residents who live nearby.
Theone April of the 2015 , for example, violent earthquakes were recorded, accompanied by explosions and explosions. The inhabitants of the area filmed artesian wells that exploded due to the unbalanced subsoil with explosive mixtures of gas, water and rock. The population, which has expressed concern about these incidents, is also alarmed by the lack of camp maintenance.
Despite the Bankers Petroleum has received 100 million dollars from the International Monetary Fund and the European Bank , to rebuild and reclaim the area, improvements for the living conditions of the inhabitants are struggling to arrive. In the meantime, however, the Canadian company benefited from the concession of Albania's second largest oil field, namely the one in Kuçova; at present its annual turnover is around 600 million dollars.
Albania - Europe's largest oil field
Recently the Premier Rama declared in Istanbul, during World Petroleum Congress :
"In Albania there is a great untapped potential. We have one of the largest oil fields in Europe ”.
Rama went on to say:
"We are currently restructuring the state-owned oil company. We have a clear strategy and with the presence of serious partners we could have an excellent future. Recently an important gas field has also been discovered in Albania ".
The Albanian premier also spoke about the importance of the Trans Adriatico gas pipeline (TAP) for the development of the gas industry in Albania but also in the region.
Questions without answers
But then why, despite the abundance of oil fields, does gasoline cost more in Albania, than in neighboring countries? There is no single answer to this question; it is true that due to obsolete technologies and poor controls in the oil centers, Albania will soon find itself flooded by poor diesel, not at all competitive on the European market, which will be destined for the black market. And, ultimately, it will always be the citizens who pay the highest price.