AGP Executive Report
Last update: 3 hours agoFuel Costs Watch: Albania’s drivers paid about €80m extra for fuel between March and July as diesel and petrol prices climbed, while fuel imports stayed nearly flat but the state collected roughly €18m more in taxes. Public Works & Cities: The Albanian Development Fund launched a tender for renovating Tirana’s Mother Teresa Square and building an underground parking facility worth Lek 2.08bn (€22.6m), with bids due Oct 9. Energy Infrastructure: Argent LNG signed an MoU with Albania to evaluate an onshore LNG storage and regasification terminal (up to 5m tonnes/year), aimed at regional energy security. Anti-Corruption: SPAK seized a villa in Palasë tied to former deputy PM Belinda Balluku, alleging hidden ownership via Igli Tare and benefits linked to a road-tender consortium. Industry & Trade Policy: Albania is preparing a “Made in Albania” law to support local producers and exports, with public consultation expected before year-end. Wastewater Upgrade: Durrës started an €85m EU-backed wastewater upgrade adding 113km of sewer lines and about 13,000 new connections. Construction & Consumer Impact: Inflation rose to 3.2% in August, driven mainly by transport and fuel-related costs. LNG Regulatory Steps: Argent LNG also advanced its US LNG project by submitting key FERC resource reports 11 and 13. Tourism & Business: TGI Fridays signed a development deal with Devolli Group for 10 restaurants across Kosovo, Albania and North Macedonia. Drug Trafficking Case: Police seized 107.7kg of cannabis hidden in a Canada-shipped camper arriving at Durrës, valued at about €1.2m.
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