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Romania's Transgaz, BSOG proceed with MGD gas delivery project

Romanian gas transmission company Transgaz and Black Sea Oil & Gas have signed an agreement to build a 24.37 km pipeline that will feed gas from Black Sea wells into the system, the economy ministry said on Friday.

read more... 03/09/2019

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Vestas to sell majority stake in three wind power plants in Romania for 136 mln euro

Danish wind turbine manufacturer Vestas said it has entered into an agreement to sell 80% of its shares in the subsidiaries owning the Romanian wind power plants Pantelimon, Pegasus, and Apollo to a non-disclosed buyer for 136 million euro ($151 million).

read more... 30/08/2019

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RO market regulator wants higher natural gas reserves, warns of uncertain imports

Romania’s energy market regulator ANRE drafted new regulations requiring natural gas producers and suppliers to build up higher reserves ahead of the cold season, quoting risks of “reduced” transfer of natural gas through Ukraine and limited capacities of the interconnectors with other states (Hungary and Bulgaria), according to a release published on August 27.

read more... 29/08/2019

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Romania - one of largest lignite producers in EU

Lignite consumption in the European Union has halved in recent decades, reaching 370 million tonnes in 2018 from about 700 million tonnes in 1990, Eurostat figures show on Friday.

read more... 27/08/2019

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Belene project attracts five expressions of interest

Five companies have expressed interest in Bulgaria’s invitation for strategic investment in the construction of Belene nuclear power plant on the Danube River near the Romanian border. According to national newspaper 24 Chasa, China National Nuclear Corporation, Framatome, General Electric, Korea Hydro and Nuclear Power and Rosatom have all applied for the selection process.

read more... 20/08/2019

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