Gas price cap, a populist decision that favors gas importers and suppliers – not consumers
Bogdan Tudorache The capping of the price of natural gas (together with the prices of other utilities), recently taken by…
Petrom estimates a net profit decline by 21% in 2020
OMV Petrom estimates for this year a profit of 2.81 billion lei, down 21% on the previous year. The budget…
OMV Petrom is ready to continue supply
OMV Petrom has implemented a series of measures to ensure the smooth running of the activities. Christina Verchere, CEO of…
Delgaz Grid, ready to ensure continuity in the supply of electricity and natural gas
Dispatch activities, interventions to resolve incidents and disturbances, as well as maintenance works continue to be normal, but some of…
Intelligent Energy Association: COVID-19 crisis will generate bankruptcy among gas suppliers
Dozens of natural gas suppliers risk bankruptcy as their customers no longer want to pay for the consumed hydrocarbons and…
Romgaz operates under normal conditions, but investments may be delayed
Currently, Romgaz is operating under normal conditions, without being affected by the evolution of the pandemic. The company focuses on…
Chisăliță: Gas liberalization might be delayed; there is no political will for it
Bogdan Tudorache The liberalization of the gas market from July 1 may not take place, since there is no political…
V. Popescu: There is no cause for concern regarding the supply of electricity and gas to citizens
Virgil Popescu, Minister of Economy, Energy and Business Environment today convened the Emergency Command at the level of the Ministry…
ANRE draft Order: New obligations for gas supply on centralized markets
ANRE has launched in public debate a draft Order [HERE in Romanian] on the obligation to supply natural gas on…
Less than 5% of domestic gas consumers are informed about market liberalization
Less than 5% of domestic gas consumers are trained and able to negotiate their contracts so that they can obtain…
V. Popescu: The gas infrastructure in the rural area will double in the next four years
Bogdan Tudorache The gas infrastructure has 200 million euros from European funds to develop in the next four years, rising…
ANRE advises domestic energy consumers to compare offers from several suppliers, before concluding a contract
Domestic consumers receiving offers from suppliers to move from the regulated market to the competitive market or to extend the…
The national gas and electricity transmission system operate under normal parameters
The national gas and electricity transmission system is operating under normal parameters, and Romania is not facing any particular problems…
Gov’t approved the program for introducing gas to villages, worth 500 mln. euro
The government approved, in its Tuesday meeting, a national program for the introduction of natural gas in the rural area,…
Bulgaria mulls re-opening Gazprom antitrust probe
According to sources in Sofia, Bulgarian state-owned gas supplier Bulgargaz is preparing to ask the Commission to resume antitrust proceedings…
2020 will bring lower prices for gas and insolvency risk to suppliers (Intelligent Energy Association)
The natural gas market in Romania will undergo a strong transformation in 2020, predicts the natural gas expert Dumitru Chisăliță’s…
ANRE decreases the yield for gas distribution to 5.66%
Bogdan Tudorache The energy regulator (ANRE) has decided to decrease the rate of return on capital (RRR) for gas suppliers…
Harald Kraft, AIK Energy: Markets will become more and more interconnected, and we are ready
2019 has been of maximum turbulence for the Romanian supply market, to which the private environment has adapted in various…
Natural gas price drops in Bulgaria by 5%
The price of Russian natural gas for Bulgarian consumers will go down about 5% due to a change in the…
Ukraine starts transmitting Russian gas to EU under new deal signed also by Romania
Gas TSO of Ukraine LLC, operator of the gas transmission system, has signed agreements with all neighboring operators, namely in…
Distrigaz Sud Reţele invested 280 mln. lei in the gas distribution network
Distrigaz Sud Reţele invested in 2019 about 280 million lei in the rehabilitation, modernization and expansion of the natural gas…
Competition fined Premier Energy by 1.3 mln. euro for abuse of a dominant position
The Competition Council sanctioned with 6.3 million lei (approximately 1.3 million euro) the natural gas distributor Premier Energy, as legal…
Moldova could run out of gas in January
Bogdan Tudorache Moldova could run out of gas for several days in January, says energy expert Sergiu Tofilat. “The trans-Balkan…