Albania: World Oil Report 1991

Journal Article · Thu Aug 01 00:00:00 EDT 1991 · World Oil; (United States)

OSTI ID:5803187

Hovring, M ^[1]

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1. MacKay Consultants, Aberdeen (GB)

This paper reports that Albanian oil production totaled 14.6 MMbbl in 1990, compared with 15.54 MMbbl in 1989, a decrease of 6%. Due to wastage and insufficient exploration, Albania is unable to make efficient use of its 14.8-MMbbl refining capacity. Albania last year sought help from Western oil companies to explore its underdeveloped oil fields. This is a radical change from the authorities' previous rejection of outside assistance. Ramiz Alia, the president and head of the ruling Albanian Party of Labor, seems to be adopting a more flexible economic policy due to the growing shortages of food, consumer goods and spare parts.

• OSTI ID: 5803187
• Journal Information: World Oil; (United States), Vol. 212:8; ISSN 0043-8790
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
ALBANIA
OIL FIELDS
EXPLORATORY WELLS
PLANNING
PRODUCTIVITY
PETROLEUM INDUSTRY
ECONOMIC POLICY
FINANCIAL ASSISTANCE
DEVELOPING COUNTRIES
EUROPE
FINANCIAL INCENTIVES
FINANCING
GEOLOGIC DEPOSITS
GOVERNMENT POLICIES
INDUSTRY
MINERAL RESOURCES
PETROLEUM DEPOSITS
RESOURCES
WELLS
020200* - Petroleum- Reserves
Geology
& Exploration
020700 - Petroleum- Economics
Industrial
& Business Aspects
294002 - Energy Planning & Policy- Petroleum