gas
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Romania Won’t Be Affected By Russian Gas Supply Issue - Energy Minister
The Romanian population will not be affected if Russia halts gas supplies to Ukraine as the country has stored enough gas, while local production is higher than consumption, according to Raz...
Natural Gas Export To Republic Of Moldova Will Be A Political Decision – Economy Minister
The natural gas export to the Republic of Moldova will be a political decision, economy minister Constantin Nita told a conference organized by Ziarul Financiar.
Petrom Sees Loss From Power Business In 2014
OMV Petrom (SNP.RO), Romania’s largest corporation, expects its power business to generate a loss in 2014, while the demand for natural gas will further decrease, the company said in its fir...
PM: Energy, Natural Gas Price For Industrial Consumers Seen Going Down
Prime Minister Victor Ponta stated Saturday, during a visit at Romanian steelmaker ArcelorMittal Galati, that the electric power price, as well as natural gas price for industrial consumers,...
Energy Minister: New Oil Industry Royalties Should Be Discussed After Presidential Election
Romania's minister-delegate for energy Razvan Nicolescu said Thursday a decision on new royalties for oil and gas should be made after the presidential election at the end of this year.
Azomures Union Says New Gas Prices To Lead To Production Shutdown
Unionists with chemical fertilizer maker Azomures (AZO.RO) plant Azomures said new gas prices imposed by producers would force the company to shut down production and force 3,500 employees i...
Romania Mulls TAP Connection, Needs EUR560M To Transport Black Sea Gas
After the failure of the Nabucco pipeline project, Romania needs to turn to another source of natural gas, which is closer to home.
Romanians Bought EUR9.5B Worth Of Gas And Diesel Fuel In 2013
One in four liters of gas or diesel oil purchased in Romania comes from Petromidia refinery, the main asset controlled by Rompetrol, the group owned by Kazak state-owned company KazMunaiGas.
What Lies In Store For Romania's Energy Market In 2014
The Romanian state and oil and gas producer OMV Petrom (SNP.RO) are bracing for tough negotiations in 2014 over the royalties charged for Petrom’s oil and gas, Petrom and Exxon will drill th...