06 Aug Conference – The Oil Industry in the Republic of Albania
Today, on July 31th,the EITI Albania, in collaboration with the Multi-Stakeholder Group (MSG), successfully organized the conference titled:
“The Oil Industry in the Republic of Albania – Health, Safety, National Socio-Economic Impact, Greenhouse Gas Emissions and Sustainability.”
In his opening remarks, Mr. Genci Tërpo the General Director of EITI Albania emphasized the strategic relevance of this event within the country’s ongoing efforts to strengthen transparency in natural resource governance, improve institutional accountability, and enhance public trust. He underlined that initiatives like this are essential contributions to Albania’s EITI Validation process, demonstrating active engagement, inclusiveness, and institutional commitment to implementing the 2023 EITI Standard.
The conference also included the presentation of a comprehensive study on Albania’s oil sector, exploring in depth not only its economic and production dimensions, but also addressing critical issues related to environmental impacts, social dynamics, health, safety, and sustainability. The study highlights the need for an integrated and transparent governance model for hydrocarbons in Albania.
The event served as an open platform for dialogue between public institutions, industry representatives, civil society organizations, and subject-matter experts. Discussions were constructive and forward-looking, offering meaningful insights and perspectives on the challenges and opportunities that lie ahead for the sector, particularly in the context of sustainable development and energy transition.
The conference was widely regarded as a great success, both in terms of its substance and the high level of participation. It further solidified EITI Albania’s role as a key promoter of international best practices in the transparent and accountable management of extractive industries.
We sincerely thank all participants for their presence and engagement, and extend our deep appreciation to the EITI Albania Secretariat (ALBEITI) team and the Multi-Stakeholder Group (MSG) for their dedication and excellent coordination.
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