gas
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IMF: Romania Sells Gas To Fertilizer Producers For Absurdly Low Prices
Fertilizer producers are making huge profits thanks to the absurdly low price of Romanian natural gas, Jeffrey Franks, head of the IMF agreement evaluation mission, said Sunday.
Cheap Gas Supply To InterAgro Complied With Competition Rules
Cheap gas deliveries to InterAgro group's plants did not raise any competition red flags, buts this does not mean the state was not prejudiced, Tuesday said Bogdan Chiritoiu, president of th...
Gasoline Price Up 84% In Three Years Of Crisis
The end of last week came with another increase in the pump price by 0.8 lei of both gas and diesel operated by Petrom. This is the second hike this year.
Black Sea Depths To Claim $2.5 Billion For Exploration Alone
The Black Sea depths are becoming the busiest battleground for the world’s oil giants, which have so far announced plans to spend $2.5 billion to explore this unknown area. Early next year,...
OMV Petrom Eyes 6% Hike In Natural Gas Price
Romanian oil and gas company OMV Petrom (SNP.RO) on Friday said it wants to increase the price of locally made gas by some 6%, to 525 lei (EUR120) from RON495 per thousand cubic meters.
Romania Imported Puny Amounts Of Gas Via Arad-Szeged Pipeline One Year After Launch
Romania imported 2.37 million MWh of natural gas through the Arad-Szeged pipeline in the year through August 2011, amounting to 0.001% of the local consumption.
Romania Poised To Hike Oil Transit, Gas Storage Royalties
The royalties collected by Romania for gross revenue achieved from oil transport and transit will rise to 15%, from 10%, while the royalties for underground gas storage will rise to 5% from...
Romanians Pay More Than Most EU Citizens For Gas, Electricity
Household consumers in Romania pay twice more than their French counterparts for electricity, calculated on their purchase power, while the price of gas is nearing the EU average, using the...
Gas Price Unchanged For Households By March 2012, Industrial Consumers To Pay 30% More
The price of natural gas delivered to households will remain unchanged until March 2012, while prices for some of the industrial consumers will grow by up to 30%, people close to the matter...