energyobserver

information on the energy sector

INDUSTRIAL PRODUCTION PRICES DROP IN JUNE BY 0.1 PCT, UP 2.5 PCT Y-O-Y

The overall industrial production prices (on the domestic and foreign markets) decreased in June by 0.1 pct as compared to May 2017, while compared to the same period in 2016 they increased by 2.5 pct, according to data centralised by the National Institute of Statistics (INS).

06.08.2017 · ROMANIA

ELECTRICITY PRICES ARE RISING, LET’S GET USED TO THIS!

The first days of August brought new maximum levels for electricity prices on the spot market (DAM – Day Ahead Market) – 570 lei / MWh, with an average price of 550 lei / MWh OPCOM for Friday, August 4th. Compared to August 1st, the average price on DAM increased, in three days, with about 67%, while over the same period last year, prices are almost three times higher.

06.08.2017 · ROMANIA

FOUR OF ROMGAZ ADMINISTRATOR MANDATES TO BE EXTENDED, YET ANOTHER INTERIM

The shareholders of the gas producer Romgaz, one of the most profitable state-owned companies, want to extend the temporary administrator mandates for Gabriel Gheorghe, Bogdan-Nicolae Stan, Alexandru Chirilă and Virgil Metea, two months after their expiration, the subject being on the agenda of the AGA meeting that will take place on September 7th.

06.08.2017 · ROMANIA

BULGARIA WORKS FOR A NEW ENERGY STRATEGY IN 2018; FURTHER STEP FOR THE GAS HUB “BALKAN”, WITHIN DAYS

Until mid-2018, Bulgaria will have a new energy strategy for the period up to 2030 with horizon until 2050, the energy minister Temenuzhka Petkova announced during an interview for the Bulgarian National TV. Also, within days, the tender for the economic feasibility study of gas hub “Balkan” is expected to be announced, added Petkova, as quoted by publics.bg.

06.08.2017 · BULGARIA

WGC: GLOBAL DEMAND FOR GOLD DROPS 14 PERCENT IN FIRST HALF OF 2017

Global demand for gold fell 14 percent in the first half of this year due mainly to a sharp decline in purchases by exchange traded funds, the World Gold Council said in a report on Thursday. Central bank buying also fell slightly in the first half but purchases of bars, coins and jewelry grew thanks to strong demand in India and Turkey, the industry-funded WGC said in its latest Gold Demand Trends report.

06.08.2017 · WORLD

OFFICIALS WANTING TO LIST 10PCT-STAKE IN HIDROELECTRICA FOR STARTERS, WAITING FOR BROKER’S CONCLUSIONS

Officials want to float a 10pct-stake in Hidroelectrica for starters, and then a further 5pct-stake, but to start the process the conclusions of the brokering consortium are expected, Energy Minister Toma Petcu told a news conference on Friday.

06.08.2017 · ROMANIA

EBRD CONSIDERS $500 MILLION LOAN FOR TANAP GAS PROJECT

The loan, if approved, will be given to Azerbaijan's Southern Gas Corridor Closed Joint Stock Company

06.08.2017 · TURKEY

IBC SOLAR COMPLETES SOLAR POWER PLANT IN SOUTHERN ANATOLIA

IBC Solar AG has completed the construction of a 3.43 MWp solar power plant in the Turkish province of Nigde in southern Anatolia. The plant will produce an estimated six million kilowatt hours (kWh) of solar power a year using 13,200 modules which will be fed into the national power grid.

06.08.2017 · TURKEY

EUR 19 MILLION FOR ENVIRONMENTAL PROJECTS IN BOSNIA AND HERZEGOVINA /BGEN

Germany will provide EUR 19 million for environmental projects in the field of energy and water treatment in Bosnia and Herzegovina. The agreement which enables this support was signed on August 8 in Sarajevo.

06.08.2017 · BOSNIA_AND_HERZEGOVINA

EC AND TRANSGAZ ANNOUNCE THAT BRUA WILL NOT BE AFFECTED BY HUNGARY’S BLOCKAGE

Following Hungary’s decision not to participate in the construction of the BRUA gas pipeline, the Romanian national operator Transgaz announced that the project remains standing. In its turn, the European Commission has maintained its commitment to support the BRUA gas pipeline, considering that Hungary’s proposal does not affect the general objective of creating alternatives. The Commission has urged the transport operators in Hungary, Romania and Austria and national regulators to quickly discuss the proposals and adopt any changes to the concept of infrastructure to avoid any delay and ensure that the new revised concept is in line with the market needs.

31.07.2017 · ROMANIA

Pages:

EPS

Green

Serbio

ASOR