Albania Explores 5-MMtpa LNG Terminal Development
A new memorandum of understanding outlines plans for a significant LNG import facility to serve regional energy needs.
A memorandum of understanding has been signed to assess the development of a liquefied natural gas (LNG) import terminal in Albania. The proposed facility is envisioned with a capacity of 5 million tonnes per annum (MMtpa).
The initiative aims to establish a new energy gateway for the Western Balkans and Southeastern Europe. The terminal would facilitate the delivery of natural gas, potentially sourced from the United States, to these regions.
This project is designed to integrate with existing and planned regional pipeline networks. Such connectivity would enable the efficient distribution of gas to various markets across the area.
The evaluation process will involve detailed studies into the technical, economic, and environmental aspects of constructing and operating an LNG import terminal of this scale.
Developing new energy infrastructure is a key focus for enhancing supply security and diversification within the European energy landscape. This potential terminal represents a step towards strengthening regional energy resilience.
Source & attribution
Based on reporting by World Oil.
Original headline: “Argent LNG, Albania sign MoU for 5-MMtpa LNG terminal”.
Retrieved 18 Sept 2026, 06:00 UTC.
Reported with reference to World Oil; text independently written by Base Oil Trade.
This summary was drafted with editorial automation from the cited source and checked against it before publication. See our AI & content policy.
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