NATURAL GAS
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Romania Has Two Natural Gas Markets, But Not Enough Players
The upcoming price hike for natural gas from domestic production, of 24% starting April 1st, has not prompted large consumers to tap gas bourses in search of a better price.
April 1 Brings Additional Fuel Excise Duty And Natural Gas Price Hike
The Romanian industry will get a double blow on April 1 with the introduction of the additional EUR0.07 excise duty per liter of fuel devised by Ponta Government to boost budget revenue and...
Industry: It’s Absurd To Pay International Prices In A Country That Has Its Own Resources
Romania’s largest industrial companies say there is no use for the country to have natural gas resources if they cannot be used for competitive production.
PwC: Romania’s Untapped Resources Won’t Make It The New Energy El Dorado
Romania is nowhere near becoming a natural gas El Dorado, even if it were to capitalize on its yet untapped shale gas and hydrocarbon deposits, tax and consultancy firm PwC Romania said Tues...
OMV Petrom Sells RON8.5M Worth Of Natural Gas On Commodities Exchange
Romanian OMV Petrom Gas, a unit of the country’s largest oil and gas group OMV Petrom (SNP.RO), last week sold natural gas worth 8.5 million lei (EUR1.88 million) on the national commodities...
Romania’s Gazprom Gas Bill Down By $462M In 2013
Romania paid some $497 million to the intermediaries of Russia’s gas giant Gazprom for the 1.19 billion cubic meters of natural gas imported in 2013, almost 50% less than $959 million paid i...
ANRE: Industry Gas Price Regulation May Be Lifted Before October
Romania could complete its natural gas deregulation program for industrial consumers several months before the October 2014 deadline agreed with the International Monetary Fund, the head of...
Nita: Shareholders To Decide On AGRI Project This Year
Shareholders of gas route project Azerbaijan-Georgia-Romania Interconnector (AGRI) would have a meeting this year to decide whether they continue the investment or not, Romanian Minister Del...
OMV Wants To Turn Romania Into Gas Exporting Country
Austrian group OMV, majority shareholder of Romanian leading oil and gas company OMV Petrom (SNP.RO), wants to turn Romania from importer into exporter of natural gas, said OMV head Gerhard...