Production sharing contract for block 8 in Albania approved https://koha.net/?id=27&l=107151
Revealed the company "offshore" the government gave oil in northern Albania
7 April 2016 - 21:06
At the last meeting of the government approved the contract between the Agency of Natural Resources and the company "Albanides Energy" for research, development and production of hydrocarbons in the ground in the "Block number 8", which includes the country's northeast.
According to historical extract National Business Center, "Albanides Energy" is registered in Albania in 2010 and currently has a legal representative Mrs. Arta Danaj. His company is owned by "Dinaric International Energy", according to the agency "Bloomberg" it is a company "offshore" in the Virgin Islands, the country known as tax haven. Data on shareholders and board there.
The contract awarded by the Albanian authorities to "Albanides Energy" is transferred several times, from the time of negotiation with AKBN, which started in 2014, before the final contract is approved by the government, reports Top Channel.
Thus, in March of last year "Reuters" reported that "Dinaric International Energy", the owner of "Albanides Energy" has sold for 90 thousand dollars shares and rights that can benefit for research, development and production of oil in the area the "Block 8" in Albania, a Canadian company called "Columbus Copper", quoted on the Toronto Stock Exchange. The sale had as a condition to obtaining a license in June 2015, but if the parties find accord, it may stay in force even if the terms were violated.
But the scheme that includes "shell" within each other has not finished here. In July 2015, "Columbus Copper" has outperformed shares "Energulf Resources". Part of the final contract, as seen from the documents, they are also oil exploration rights in the "Block number 8" in the north.
The question that arises is: The government's decision gives the right to use "Albanides Energy", "Dinaric International Energy", "Columbus Copper" or "Energulf Resources"?