PNL Wants Re-Voting Of Law On Public Pay Rises

Leader of PNL deputies, Eugen Nicolaescu, announced that the liberals challenged the voting procedure for the law on salary increases for public sector employees at the Standing Bureau of the Chamber of Deputies.

PNL representatives asked for the resuming of the voting procedure, saying that there were only 168 deputies present in the room, and not 184, as it was reported by the Chamber Speaker, Social Democrat Florin Iordache.

The Chamber of Deputies on Monday adopted the law on passing government emergency ordinance stipulating several salary increases for public sector employees. The law was voted with 184 pros and one abstention. PNL did not participate in the meeting.  (Adevarul)

Traian Basescu Announces Party Expansion To Republic Of Moldova

Former President of Romania, Traian Basescu, received the Moldovan citizenship last Thursday and will cast his vote in the presidential election on Sunday.

”I plan to consolidate a branch of the People’s Movement Party (PMP) in Moldova. There are 550,000 people with double citizenship, Romanian and Moldovan, in Moldova. I will vote for Maia Sandu on Sunday and this is what I ask Moldovans in Romania, who are approximately 100,000 people,” Traian Basescu told TVR1 TV station.

Maia Sandu’s rival in the presidential election, Igor Dodon, said he would withdraw Basescu’s Moldovan citizenship if he became president of the country. (Puterea)

 

Energy Holding CE Hunedoara Exits Insolvency

The Alba Iulia Court of Appeals on Tuesday rejected the request for opening the general insolvency procedure for state-run energy holding Complexul Energetic Hunedoara, which had been filed by the company’s management and by creditors.

On December 28, 2015, CE Hunedoara’s Board of Directors decided to file for voluntary insolvency of the company, in an attempt to avoid bankruptcy. At that time, CE Hunedoara’s debts totaled RON1.2 billion. CE Hunedoara holds approximately 5% of Romania’s electricity production and employs thousands of people.(Adevarul)

Romania Could Import 40% Of Natural Gas Consumption This Winter

Romania could import 40% of the natural gas consumption this winter as the gas price on international markets will be RON20/MWh lower than the local natural gas price, said Niculae Havrilet, head of Romania’s energy regulator ANRE).

“The price of imported gas is more competitive and suppliers will direct to that source. When prices are low, we could import up to 40% of the natural gas consumption” Havrilet told the national congress of the Association of Electricity Suppliers in Romania.

ANRE head added that, in the fourth quarter of 2016, the price of imported gas stood at RON68-72/MWh, while for the first quarter of next year, the estimations for the international market show a price of RON78/ MWh, which is RON20 lower than the price of the local natural gas. (Puterea)

Romanian, European, American Companies Negotiate Projects In Republic Of Moldova

Romanian, European and American companies negotiate the acquisition of energy companies in the Republic of Moldova and the start of hydrocarbon projects but the materialization of their projects depends on the results of the presidential election in Chisinau.

Razvan Nicolescu, Deloitte consultant and former energy minister of Romania, told the annual congress of the Association of Electricity Suppliers in Romania, that the cooperation in the energy sector between Moldova and Romania, European Union and the United States is intensifying, as there are Romanian, European and American companies which negotiate the takeover of the seaport terminal in Giurgiulesti, the takeover of electricity distribution units in Moldova, the takeover of Moldovan natural gas companies and the start of investments in the hydrocarbon exploration projects in Moldova. (Evenimentul Zilei)

Subiecte #press review