From Italy across the Balkans to Bulgaria, local communities appear eager to join Russia’s ambitious gas pipeline project, despite the risk of growing energy dependency on Moscow.
Balkan states are gambling on the nuclear option as the best way to reduce the energy shortage but whether the risks pay off remains to be seen.
Tirana, Dec. 17, 2008 (AENews) – Italian energy giant Enel intends to cancel its projected investments in Italy and to transfer them to Albania, in order to bypass environmental costs, newsitaliapress.it reported on Tuesday.
Experts say the cure for the region’s energy woes lies in price rises, market liberalization and the adoption of common approaches but governments don’t get it