NATURAL GAS
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Nita: IMF Agrees In Principle To Defer Gas Price Deregulation For Industrial Consumers
Romania and its foreign creditors have reached an agreement in principle to defer by one year the country’s deregulation calendar of natural gas prices for industrial consumers, minister-del...
Prospectiuni To Start Oil, Natural Gas Prospecting In Timis This Week
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Wednesday will start prospecting for oil and natural gas in 13 localities in Timis county, western Romania, and expects to fi...
Exxon, Shell And Petrom Reach Deal With Ukraine To Drill For Black Sea Gas
Ukraine said Thursday that it has reached a preliminary hydrocarbon sharing agreement with a consortium comprising oil giants ExxonMobil and Shell, Romanian OMV Petrom (SNP.RO) and Ukrainian...
Foreign Producers To Trade Gas On Romania’s Power Exchange Soon - Minister
Romania’s government will likely amend next month the Energy Law to allow foreign producers to trade natural gas on the local energy exchange OPCOM, the minister-delegate for Energy Constant...
Natural Gas Prices To Rise Less Than Expected In October, Says ANRE Head
The Romanian energy regulator ANRE Thursday said natural gas prices won’t increase as much as initially expected in October, as the country has stored enough cheap gas from local producers f...
Romania To Start Gas Exports To Hungary In December
Romania will start exporting only reduced amounts of natural gas to Hungary through the gas pipeline linking Arad to Szeged in December 2013, and investments worth EUR120 million are require...
New Taxes In Energy Sector Increase Budget Revenues By EUR28M In February-June
New taxes applied starting February this year to electricity and natural gas transporters, as well as to natural gas producers, increased budget revenues by about EUR28 million by the end of...
Kazakhstan Could Ship Gas To Romania Via South Stream Pipeline
Kazakhstan’s state-run oil and gas company KazMunayGas could ship its gas to Romania via Bulgaria through the planned South Stream pipeline project, the authorities in Bucharest said in a st...
Romania To Import More Natural Gas This Summer To Avoid Higher Bills In Winter
Romania will import more natural gas this summer, even if consumption may be covered from internal production, to avoid higher bills in winter, when natural gas imported from Russia is more...