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Romanian coal-power complex CE Oltenia seeks EUR 100 mln loan

Romanian coal and power producer CE Oltenia is close to contracting a EUR 105 million loan from a group of six banks to pay for the Greenhouse gas emissions allowance (or carbon certificates), the president of company’s managing board Sorin Boza stated.

read more... 02/04/2019

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Bulgaria invites investment in Belene project

Bulgaria's National Electricity Company (NEK) yesterday announced a call for selection of a strategic investor for the construction of Belene nuclear power plant on the Danube River near the Romanian border. The call also allows for expressions of interest to acquire a minority shareholding in the future project, as well as and/or to purchase electricity from the future power plant.

read more... 13/03/2019

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Romania’s market regulator green lights natural gas cap

Romania's National Regulatory Authority for Energy - ANRE approved on February 27 the methodology (secondary legislation) on regulating the gas price according to the Government's emergency ordinance (OUG) 114/2018.

read more... 28/02/2019

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Romania’s gas transport company Transgaz to invest EUR 1.9 bln by 2027

Romania’s natural gas transport system operator Transgaz has planned total investments of EUR 1.9 billion for the expansion of its pipe network, according to its development plan for the period 2018-2027, which will be submitted for approval to the shareholders on March 11.

read more... 25/02/2019

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Black Sea Oil & Gas gets Romania gas project permit but frets over new taxes

Romanian-based Black Sea Oil & Gas received a construction permit from the country’s energy ministry on Friday for an offshore gas project, but it said new taxes could make it hard to go ahead with the development.

read more... 05/02/2019

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