The price of natural gas drops below 60 lei per MWh on the spot market of the Romanian Commodities Exchange
The SPOT market of natural gas in Romania operated by the Romanian Commodities Exchange (BRM) registered, on November 07, the…
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Import-Export
Mott MacDonald consortium designs South Gas Interconnector Bosnia-Croatia
A consortium led by UK-based Mott MacDonald has started drawing the design of a 160 km long South Gas Interconnector…
Bulgaria pledges to US Ambassador that works at the Greece pipe will finish next year
Bulgarian Energy Minister Temenuzhka Petkova and US Ambassador Extraordinary and Plenipotentiary to Bulgaria Mrs. Herro Mustafa have confirmed that they…
Naftogaz takes into account the Romanian gas
Naftogaz takes into account, in case it will not reach an agreement with Gazprom for the continuation from January 1,…
Lukoil and MOL will sign a US 10 bln. contract
Russian oil group Lukoil will sign a USD 10 billion contract with Hungarian oil group MOL on oil supply, Lukoil…
Bank funding of 200 mln. euro for Balkan Stream
Bank financing was provided for the construction of Balkan Stream in the form of a secured loan of EUR 200…
Grampet opens the shipping route between Constanţa and Batumi-Poti ports
A consortium formed by the Grampet Group – Romanian Railway Group (GFR), GR Logistics and Terminals LLC (Georgia) and ASCO…
ANRE: Romania’s gas imports in August, 3.5 times higher than last year
The country’s gas imports in August 2019 amounted to 2.2 million MWh, 3.5 times more than the same month of…
The price of oil fell last week – Saxo
Crude oil traded down last week, says Ole Hansen, Director of commodities strategy, Saxo Bank. In general, it seems that…
The resumption of imports on the Ukrainian route increased by 16% the quantity of gas entering Romania
Domestic companies increased their gas imports in August by over 16% or 313 GWh compared to July, in particular as…
Gazprom’s year-to-date gas supplies to Hungary exceed 2018 overall volume
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and…
Romania can become the largest gas producer in the EU
Romania can become the largest gas producer in the European Union, which offers it security and independence, but also positions…
ANRE called in gas importers for talks
The Energy Regulatory Authority convened all gas importers on Tuesday, according to sources quoted by e-nergia.ro. The talks focused on…
NBR: The short and medium term outlook for investments is marked by increased uncertainties; among them – the oil price
The short- and medium-term outlook for investments is marked by increased uncertainties, and the highest uncertainties are the source of…
FGSZ inaugurated the new compression station at the interconnection point with Romania
The Hungarian natural gas transport operator, FGSZ, a subsidiary of the MOL group, has inaugurated the new compressor station at…
Unlocking the potential of the Black Sea
Despite all the uncertainty, the oil & gas industry in the Black Sea region is not afraid to take actions.…
Ceban, Moldovagaz: The debt of the Republic of Moldova to Gazprom is of 700 mln. USD
Bogdan Tudorache The Republic of Moldova’s debt for Gazprom gas (except for Transnistria) is of 700 million US dollars, said…
Aura Săbăduș, ICIS London: Gas prices will remain high due to market distortions
Romania has enough gas in stock for this winter, but most likely prices will remain high, said Aura Săbăduș, Gas…
Chisăliță: Imminent risk regarding interruptions in gas supply from the Russian Federation this winter
Romania faces the risk of gas interruptions for several decades, says analyst Dumitru Chisăliță, founder of the Association for Intelligent…
By February 2020, Transgaz wants to set up the company that will operate the Romanian gas hub
Transgaz has signed a cooperation agreement with the Austrian Central European Gas Hub AG – CEGH to establish the gas…
Transgaz and CEGH signed the Cooperation Agreement for the establishment of a gas hub in Romania
Transgaz, the transmission system operator (TSO) in Romania, and Austrian Central European Gas Hub AG (CEGH), the Operator of the…
Transgaz announces that the reverse flow from Isaccea to Orlavka is operational
Transgaz, through its subsidiary, Eurotransgaz, bought Vestmoldtransgaz, transforming it into a private company, says Marius Stoica, advisor to Transgaz’ general…
Naftogaz says Gazprom’s debt has increased by $257 mln over non-fulfillment of tribunal’s ruling
Gazprom’s debt to Naftogaz Ukrainy due to its non-fulfillment of a Swedish arbitration tribunal’s determination that Gazprom owes the Ukrainian…