NATURAL GAS
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Romania To Set Up Natural Gas Exchange By 2013
Romanian authorities plan to set up a trading exchange in the natural gas market by January 2013, according to a memorandum signed with the International Monetary Fund.
Romania Receives Formal Notification From EU Over Gas Trade Market
The European Commission formally notified Romania it has filed legal action with the EU Court of Justice over the country’s faulty natural gas cross-border trade regulations, Romanian Prime...
ANRM: Romania’s Natural, Shale Gas Reserves May Cover Local Consumption
Romania’s natural gas and shale gas reserves may be enough to cover local consumption, but it’s too soon to make an evaluation, Alexandru Patruti, president of mineral resources regulator AN...
Romania Paid $10B For Russian Natural Gas In Last Eight Years
With two exceptions, every bill paid by Romania over the past eight years for natural gas supplied through intermediaries from Russia has been higher than $1 billion. Last year, the cost was...
Romania To Freeze Household Gas Prices Until 2013 - Bill
Romanian authorities plan to maintain the tariffs for the natural gas delivered to household clients unchanged until end-March 2013, according to a joint draft order from the energy watchdog...
Romania To See 11.5% Hike In Gas Import Prices In First Half
The average price of gas imported between January and June will be $493 per thousand cubic meters, up 11.5% from $442/1,000 cbm, the annual average for 2011, according to data from energy re...
Basescu: Black Sea Find Means Romania Is Looking At Energy Independence
Romanian president Traian Basescu on Monday said that gas drilling in the Black Sea should start in 2015-2017, which is when Romania will gain energy independence.
Romania And Moldova Eye Completing Project On Natural Gas Interconnection Pipeline In 2012
The ministers of the Romanian and Moldovan Cabinets decided the project targeting the interconnection of the natural gas transportation networks will be completed this year, Moldovan Prime M...
Gas Price Liberalization Will Not Hike Prices Too Much – Economy Ministry Official
The liberalization of gas prices, requested by the International Monetary Fund and the European Commission, will not result in a strong increase of fees, to import levels, since purchase pow...