AKTOR Group Seals $6B US LNG Supply Deal With Albania

Greek infrastructure and vigor radical AKTOR has signed a 20-year, $6 cardinal statement to supply U.S. liquefied earthy state (LNG) to Albania, successful a woody that extends the company’s increasing footprint successful Balkan vigor markets.

The statement was signed successful Tirana betwixt AKTOR’s U.S. subsidiary, AKTOR LNG USA, and ALBGAZ, Albania’s state earthy state company. Albanian Prime Minister Edi Rama, Infrastructure and Energy Minister Enea Karakaçi, and ALBGAZ CEO Amarda Kapaj attended the ceremony, arsenic did Kimberly Guilfoyle, the U.S. Ambassador to Greece. Alexandros Exarchos, who leads AKTOR Group, besides signed the statement connected the Greek side.

Exarchos has cultivated adjacent ties with the White House, which, according to sources acquainted with the matter, person helped unfastened doors for AKTOR successful Albania and the broader Western Balkans vigor market. The beingness of Ambassador Guilfoyle astatine the signing reflected the U.S. administration’s involvement successful expanding American LNG supply crossed southeastern Europe.

I was honored to travel to Tirana to beforehand @POTUS’ vigor docket and articulation PM @ediramaal to enactment successful a signing ceremonial of a historical woody betwixt Albania, Venture Global and Aktor LNG USA connected a 20-year U.S. LNG agreement. This $6B committedness strengthens vigor security—and…

— Ambassador Kimberly Guilfoyle (@USAmbassadorGR) April 28, 2026

The LNG will beryllium sourced from U.S. shaper Venture Global. Albania is acceptable to person astir 1 cardinal cubic meters per year, with deliveries opening successful 2030.

Routed Through Greece, For Now

Until Albania develops its ain import infrastructure, the state will get astatine Revythousa LNG terminal and travel onward via the nationalist state grid and the Trans Adriatic Pipeline, oregon TAP, which connects Greece to Albania and Italy. AKTOR subsidiaries are already progressive successful U.S. LNG imports done Greece arsenic portion of the Vertical Corridor supply way into the broader Balkans region.

The Vlorë Hub Plan

The woody is tied to Albanian authorities plans to make an vigor hub successful the Adriatic larboard metropolis of Vlorë, the third astir populous metropolis successful the country. The task includes reviving an existing thermal powerfulness plant, adding astir 250 MW of caller procreation capacity, and installing a floating storage and regasification unit (FSRU), that would yet let Albania to import LNG straight by sea. A caller pipeline linking Fier to Vlorë would link the installation to nationalist and determination state networks. “Vlorë is evolving from a standalone task into a strategic vigor hub connecting production, infrastructure and markets,” Prime Minister Rama said astatine the signing.

AKTOR’s wholly owned subsidiary AKTOR ENERGY will plan and physique a powerfulness procreation unit of astir 380 MW arsenic portion of the Vlorë development.

Source: tovima.com