Albpetrol sh.a, the Albanian state owned Oil and Gas Company, stands as a key player in Albania's energy sector. Founded in 1999, Albpetrol inherited all domestic oilfields, solidifying its position in the upstream oil and gas industry. With headquarters in Patos, Fier County, the company also maintains a strategic presence in Tirana.
Under the leadership of General Administrator Dritan Spahiu since March 2019, Albpetrol operates extensively across regions including Fier, Ballsh, Patos, and others. With approximately 1,800 employees, it is one of the largest employers in Albania, employing market-driven norms for research, extraction, processing, and marketing of hydrocarbons.
The company's crown jewel is Patos-Marinez, one of Europe's largest oil-bearing zones, housing an estimated 5.4 billion barrels of crude oil. This potential positions Albpetrol as a pivotal entity for prospective investors eyeing established opportunities in industrial, manufacturing, and energy sectors.