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Terraoil Swiss AG: Terraoil Announces Positive Developments on New Oilfield

Albanian Energy Minister Directs State Oil Company to Negotiate Final Terms for Amonicë

STEINHAUSEN, SWITZERLAND - EQS Newswire - 25 July 2022 - Terraoil Swiss AG, an energy company with a strong focus on the Mediterranean is pleased to announce that the Company has received notification from the Albanian Government's Minister of Infrastructure and Energy that she has ordered Albpetrol, the state-owned oil company to negotiate the final terms of a Petroleum Agreement for the Amonicë oil field with Terraoil.

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