Who is GPC energy and logistics?

GPC ENERGY AND LOGISTICS LIMITED was incorporated on the 9th of November 2009 to transact business in Oil & Gas and Logistics Services. Our strategic intent is to facilitate the circular flow of economic activity globally through the provision of “on time and in the right condition” delivery of goods, and personalized logistics services.

Does Albania have a hydro power plant?

Albania’s domestic generation is almost entirely dependent on hydropower since the country’s only thermal power plant is currently inoperable. The total installed generation capacity has increased over the last few years because of new private investments in hydro power plants and more recently in small solar farms.

Will Albania transform oil-fired power plants to gas?

Albania is also planning to transform an oil-fired power plant in the coastal city of Vlora to gas and build an LNG terminal there, to which LNG deliveries from the US and other countries could be made. Gek Terna already operates two gas-fired power plants in Greece with 729 MW of combined capacity.

How many gas-fired power plants does GEK Terna have in Greece?

Gek Terna already operates two gas-fired power plants in Greece with 729 MW of combined capacity. In partnership with the energy group Motor Oil, it is also building another 877 MW gas-fired power plant in the northern Greek region of Komotini. The company stated on its website that it aims to install 6.4 GW of renewables capacity by 2029.

Does Albania have a power supply security problem?

Albania is a net importer of electricity; power supply security is a challenge. Albania’s domestic generation is almost entirely dependent on hydropower since the country’s only thermal power plant is currently inoperable.