Argent LNG announced on 10 September that it had signed a memorandum with Albania’s government to develop an LNG storage and regasification terminal on the Adriatic coast, SeeNews reported. The announcement did not establish a separate signing date. [1]
The company envisages supplying up to five million tonnes annually and linking the terminal with regional gas infrastructure. It presents the project as a supply option for neighbouring markets rather than primarily for Albanian consumption. [2]
ContextThe memorandum sets out an intended project. It does not establish that financing, construction or commercial deliveries have begun, and proposed cross-border connections remain part of that plan. [1]