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German company to help Albania build power line connection with Italy

Xinhua, February 26, 2015 Adjust font size:

Albania has signed an agreement with a German company for a power line connection project between Albania and Italy, Albanian Daily News reported on Thursday.

Albanian Prime Minister Edi Rama greeted the agreement signed by Albanian Minister of Energy and Industry Damian Gjiknuri and German company Max Streicher as "good news".

"An agreement was signed in Germany on a power line connection with Italy. This is key to energy restoration in the country," Rama wrote in his Twitter account.

The connection project, at a cost of up to 200 million euros, is seen with much interest by the European Union because it can provide energy security and integrate the Southeast Europe region with the European energy market. Endit