Company run by Wesley Clark to invest in Kosovo on diesel production

Company run by Wesley Clark to invest in Kosovo on diesel production

 The retired General Wesley Clark who represents Envidity company, said he was awaiting the decision of Kosovo's institutions to allow investments in the field of energy minerals.

Clark made comments for "Radio Free Europe" during his stay in Montenegro, where he attended a meeting organized by the Global Citizens Forum.

He has said that some initial work has been done in Kosovo regarding investments in the field of coal resources, but there is still no decision of the institutions.

"In any case, the government must have a common attitude. Must create a consensus and provide opportunities. And if it does not do so, it does not reach consensus and offers opportunities, private investment can not come. So these investments did not happen in Kosovo due to the Parliament's reactions to allowing the use of coal resources. We have made some investments in Romania, I have been in Bulgaria with people there for some work and are looking for an investment opportunity in Montenegro as well," said General Clark, who led the NATO air campaign on Serbian targets in 1999.

At the end of September 2016, the Kosovo Assembly postponed the approval of the Government of Kosovo request to license the company "Envidity Energy Kosova" for exploration of energy minerals in Kosovo.

"Envidity Energy Kosova" is run by General Wesley Clark. This company has expressed interest in the underground gasification of Kosovo coal and syngas, diesel and kerosene gas, and it has initially applied for a license since 2013. The company "Envidity" has applied to this commission for three licenses; the total area of the three applications is over 3,000 and 400 kilometers.

The project is related to underground coal gasification through a technological method that enables the production of synthetic diesel from the coal gasification process through the use of advanced technologies.

"Envidity" anticipates it will increase its initial production in 1200 barrels of oil per day to 20,000 barrels by investing $ 15 million first to reach up to $ 5 billion in investment.

"Envidity" project foresees to initially create 100 jobs, and then the number of employees will reach 300..
Company run by Wesley Clark to invest in Kosovo on diesel production Company run by Wesley Clark to invest in Kosovo on diesel production Friday, October 20, 2017 Rating: 5
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