Romania imported 7.17 million crude oil, in the first 10 months of 2019
Romania imported, during the first 10 months of 2019, an oil quantity of 7.17 million tonnes of oil equivalent (toe),…
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Import-Export
Transgaz: Works at the Ungheni-Chisinau gas pipeline are on schedule
Transgaz offered assurances that the works at the Ungheni-Chisinau gas pipeline are on schedule and it will be ready in…
OMV Petrom doubled its gas sales in Q4 2019 to a record high
OMV Petrom doubled its gas sales to third parties in the last quarter of 2019 compared to the similar period…
Putin says Nord Stream 2 to be completed by early 2021
Russian President Vladimir Putin said that he hopes work on the Nord Stream 2 gas pipeline will be finished by…
Romgaz will take part in the second stage of the market test for the LNG terminal in Greece
Romgaz will participate in the second stage of the market test on the completion of the liquefied natural gas (LNG)…
Iohannis: Any Exxon transaction will be done according to the law
President Klaus Iohannis said on Thursday, referring to information about Exxon’s intention to sell its stake in the Black Sea,…
Bulgartransgaz set to acquire 20% interest in Greek LNG terminal
Bulgaria’s government said on Wednesday that it has issued approval to gas transmission system operator Bulgartransgaz to acquire 20% interest…
Russia and Turkey officially inaugurate TurkStream
President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan met in Istanbul to inaugurate TurkStream pipeline in a ceremony…
Oil prices top $70 a barrel amid fears over Suleimani retaliation
Oil prices climbed above $70 a barrel for the first time in four months on Monday amid fears that the…
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…
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…
Moldova to continue receiving Russian gas via Ukraine – president Dodon
Moldova will continue to receive Russian natural gas via Ukraine starting January 2020 after Moscow and Kiev reached a gas…
Russia’s Gazprom to pay $2.9 billion in new Ukraine gas deal
The Russian energy giant has agreed to settle its longrunning dispute with Ukraine over transit fees. A new five-year Moscow-Kyiv…
Gazprom slashes investment budget for 2020
Russia’s Gazprom has approved a 16.5% cut in investments next year, marking the second annual reduction in a row, the…
Merkel criticises US sanctions on Russia-Germany gas pipeline Nord Stream 2
German Chancellor Angela Merkel has criticised the US sanctions to be imposed on companies working on the natural gas pipeline…
Ukraine and Russia look to strike new gas deal
Ukraine’s state energy firm Naftogaz and Russian gas giant Gazprom agreed to continue working on options for continuing the transit…
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…
The Greece-Bulgaria Intersystem gas connection financing agreement was ratified
On December 6, the Bulgarian Parliament ratified the Guarantee Agreement between Bulgaria and the European Investment Bank (EIB) concerning a…
EU gas supply is safe even if Russia and Ukraine will not reach a new agreement
Europe will have no problems with the natural gas supply this winter, even if a new agreement on Russian gas…
Hungary says ready to talk to Gazprom about new gas supply deal
Hungary is ready to start talks with Russia’s Gazprom about a new long-term gas supply deal, Hungary’s Foreign Ministry said…
Russia launches gas supplies to China via Power of Siberia pipeline
Russian President Vladimir Putin on Monday formally launched the start of natural gas supplies to China via the Power of…
Gazprom profits slump 45% on lower gas prices
Russia’s gas giant Gazprom suffered a 45 per year-on-year drop in its net profit in the third quarter of 2019…
BRUA gas pipeline, among the priority projects in the field of Energy of the Three Seas Initiative
The BRUA gas pipeline project, phases 1 and 2, and the Black Sea – Podisor transport infrastructure are priority projects…