Combined effort to increase synergy with the International Investors in the Transparency Process – Meeting with the new General Director of SHELL Upstream Albania, Mr. Rohan D’Souza

Combined effort to increase synergy with the International Investors in the Transparency Process – Meeting with the new General Director of SHELL Upstream Albania, Mr. Rohan D’Souza

On January 22, 2019 at the premises of the EITI National Secretariat, was held a meeting with the representatives of SHELL Upstream Albania B.V. (branch of the Royal Dutch Shell), headed by the new General Director in Albania, Mr. Rohan D’Souza.

The Anglo-Dutch company, Royal Dutch SHELL plc. is currently the world’s largest oil and gas company, valued by its assets, profits and market capitalization.

In the positive progress of Albania’s seismic, exploration and evaluation activity in the Shpirag area, with an extractive potential of 800 to 1,300 barrels /day of oil 35-37 degrees API, in 2013 SHELL Albania B.V. expanded to 75% interest in the hydrocarbon agreement.

The Director of the EITI National Secretariat, mr. Ardit Kamberi, highlighted the commitment and cooperation for increasing synergies in the Transparency Process between state structures and prestigious international investors such as Shell as a guarantee for the promotion of an attractive and transparent climate for foreign investments and sustainable economic development in Albania.

Mr. D’Souza stressed the fact that Royal Dutch Shell has been one of the first supporters of the international initiative for EITI Transparency, as well as in the Albania activity, besides the positive impact on the state budget, focusing on investments of the projects in the communities favour, including education and vocational training programs, road safety, health care, and support for SME development.

During the meeting was discussed in the spirit of full understanding, strengthening the engagement and concrete cooperation within the MSG-EITI, in joint activities and programs in areas of mutual interest, mainly in Public Information on the transparency advantages in Extractive Industries, the greatest involvement of Civil Society on the process, as well as the assessment and publication of social and environmental impacts arising from the effective use of royalties income, public interest and in particular in favour of local communities.