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Energy & Environment
Bogdan Aurescu emphasizes importance of Trans-Caspian Gas Pipeline project to be implemented, without delay
Thursday, July 26, 2012
Romanian Ministry of Foreign Affairs (MAE) State Secretary Bogdan Aurescu and Turkmenistan's first Deputy Foreign Minister Vepa Hadjiev held consultations on Thursday July 19, the Romanian official emphasizing in the context the importance of the Trans-Caspian Gas Pipeline project to be achieved, without delay, MAE informs.State Secretary Bogdan Aurescu and Turkmenistan's first Deputy Foreign Minister Vepa Hadjiev reviewed the agenda of the future ...
Naftogaz and Rompetrol signed a preliminary agreement for a filling stations network in Ukraine
Thursday, July 19, 2012
The Ukrainian state company Naftogaz and Rompetrol Group signed a memorandum for cooperation which includes among others the setting up of a joint company which should create and develop a network of filling stations in the main regions and cities of Ukraine. “In the future, we hope to bring the number of filling stations of this joint project to 700. At the same time, we will ...
Bloomberg : CEZ Set to Bid for Romanian Power Distributor in Wind Expansion
Thursday, July 19, 2012
CEZ AS (CEZ), the Czech Republic’s largest power producer, may bid for one of Romania’s state-controlled power distributors as it plans to develop small hydroelectric plants and wind farms in the eastern European nation. CEZ is targeting as much as 1,100 megawatts of wind power in Romania by 2016, Ondrej Safar, the executive in charge of generation, said today at a press conference in Bucharest. It plans to buy one of the three power distributors ...
Final decision on South Stream pipeline in sight
Thursday, July 19, 2012
A consortium backing the Gazprom-led South Stream pipeline expects to make a final investment decision within months, says the head of one of its second largest shareholder, Italy’s Eni energy. Eni chief executive Paolo Scaroni was quoted on Sunday (15 July) as saying that all four partners were interested in the natural gas pipeline project, but that they still needed to see all the details ...
Environment Minister: Romania eligible again for greenhouse gas allowance trading
Thursday, July 19, 2012
Minister of Environment and Forestry Rovana Plumb on Friday, July 13, told a press conference that one year after its right to trade greenhouse gas allowances was suspended, Romania is eligible again for such trading. 'I could not withhold this good news for Romania, namely that Friday, July 13, 2012, at around 2:00 p.m., the Bonn-based Kyoto Protocol Compliance Committee decided that Romania is re-eligible for greenhouse gas allowance trading. ...
Romania hydro-electric, wind power output to go up 335,000 toe by 2020
Thursday, July 19, 2012
The Romanian hydro-electric and wind power output will increase in the next eight years to reach 1.815 million toe by 2020, from 1.48 million toe anticipated for 2012, reveals the 2012-2020 Energy Balance Prognosis drawn up by the National Commission for Prognosis (NCP).The highest rise, at 7.8 percent, will be recoded in 2013, when the hydro-electric and wind power production is put at 1.595 million toe. The rise in 2014 will be of 5.6 percent to ...
Romania oil product imports to drop in next 8 years
Thursday, July 19, 2012
Romanian imports of oil products will drop in the next eight years to 1.5 million tonnes of oil equivalent by 2020 from 2.3 million toe this year, reveals the 2012-2020 Energy Balance Prognosis drawn up by the National Commission for Prognosis (NCP).Romanian oil product imports in 2013 are put at 2.2 million toe, to go down to 2.1 million toe in 2014 and to 2 million toe in 2015.Romania last year imported 2.248 million toe of oil products, ...
CJEU agent: Romania takes step in meeting EU demands of interconnection with Bulgaria to transport natural gases
Thursday, July 19, 2012
Romania fulfilled one of the stages whereby it meets the exigencies of the EU regulation on the access of the third parties to the gas pipelines, in terms of its relation to Bulgaria, Romania's governmental agent with the Court of Justice of the European Union (CJEU) governmental agent Razvan Horatiu Radu said on Friday, after the National Energy Regulatory Agency (ANRE) had issued an order lifting the interdictions of connecting to the Isaccea-Negru Voda pipeline. ...
Value of photovoltaic projects initiated in Romania amounts to 13 million euros
Thursday, July 19, 2012
A number of seven photovoltaic projects were initiated in Romania, with a total value amounting to 13 million euros, Environment Fund Administration (AFM) Director Paul Serbanescu on Thursday, July 12, told the round table on the topic ' Funding the photovoltaic sector in Romania.' 'On the photovoltaic projects segment there are seven projects nationwide, out of which four are under development and three are completed. Their total value amounts to 13 million euros ...
Hidroelectrica plans to declare force majeure as of Aug. 1, 2012
Thursday, July 19, 2012
Hydropower producer Hidroelectrica intends to declare force majeure as of August 1, 2012 on all ongoing electricity supply contracts, as a result of the low river flow rates and unfavorable hydrological forecasts for H2 2012, shows a company release issued on Thursday.Low flow rates on both the Danube and the inland rivers prompted anticipation of a decline of this year's electricity production to just 13 TWh, ...
SOCAR opens new petrol station in Romania, eyes Bucharest expansion by year-end
Thursday, July 19, 2012
SOCAR, the state -owned oil company from Azerbaijan recently opened its 13th filling station in Romania, all in the Moldova region, and plans to expand countrywide, eying large Romanian cities and capital Bucharest for the end of this year. The newly opened filling station, in Suceava county in north – east Romania, covers some 2,800 sqm, and is part of a 300 units within three years expansion plan announced earlier for ...
Production of firewood, biomass included, to total 4.2 million toe this year
Thursday, July 12, 2012
The production of firewood, biomass included, this year will amount to 4.2 million toe, 2.4 percent over the level registered in 2011, according to the energy balance forecast 2012-2020, carried out by the National Prognosis Commission.The production of firewood, biomass included, will increase next year by a similar percentage - 2.4 percent, up to 4.3 million toe, in 2014 it will go up 2.3 percent, to 4.4 million toe, and in 2015 it will also advance ...
More CO2 emission cuts from cars and vans: a win for the climate, consumers, innovation and jobs
Thursday, July 12, 2012
The European Commission put forward proposals to implement targets that will further considerably reduce carbon dioxide (CO2) emissions from new cars and light commercial vehicles (vans) by 2020.Connie Hedegaard, EU Commissioner for Climate Action, said: ''With our proposals we are not only protecting the climate and saving consumers money. We are also boosting innovation and competitiveness in the automotive sector. And we will create substantial numbers of jobs ...
Romania granted temporary free allocation of 71 million EUAs
Thursday, July 12, 2012
Romania obtained the approval of the European Commission for the allocation of 71.4 million EUAs (EU allowances for the emission of CO2) given freely for the power producers between 2013 and 2020, reads a press release of the Ministry of Economy, Trade and Business Milieu (MECMA).Virtually, the European institution gave a positive answer to the application submitted by the authorities in Bucharest on September 30, 2011 through MECMA, and Romania will ...
Net coal production 4.4 pct up, in first five months of 2012
Thursday, July 12, 2012
Romania's net coal production totaled 2.711 million tonnes of oil equivalent (toe) in the first five months of 2012, being 4.4 percent higher than in the same time span last year, National Statistics Institute (INS) data say.Romania imported 279,800 toe of net coal, over Jan-May 2012, 119,800 toe, namely 74.9 percent more than during the first five months of 2011.According to British Petroleum report, Romania's coal reserve posed for 291 ...
Law on electricity and natural gases promulgated by Traian Basescu
Thursday, July 12, 2012
President Traian Basescu, on Monday, signed the decree for the promulgation of the Law on Electricity and natural gases, the Presidential Administration ...
Romania's natural gas imports drop 26.5pct Jan.-May 2012
Thursday, July 12, 2012
Romania imported 1.189 million toe of usable natural gas in the first five months of 2012, down 26.2 percent (429,800 toe) from the similar period of 2011, according to data with the National Statistics Institute (INS).Domestic production of natural gas over the same period exceeded 3.636 million toe, down 0.9 percent, or 31,700 toe, from the first five months of 2011.A review conducted by British Petroleum indicates that Romania's proved ...
Oil imports down 10 percent in first five months of 2012
Thursday, July 12, 2012
Romania in the first five months of 2012 imported 2.051 million toes, 228,900 toes less (10 percent) than in the similar period of last year, according to the data centralized by the National Institute of Statistics (INS).The oil production in the period January- May stood at 1.626 million toes, 2 percent (33,400 toes) lower that in the first three months of 2011.According to a survey of British Petroleum, Romania's proved oil reserves at ...
Romanians consume 0.4pct of total worldwide nuclear energy
Thursday, July 12, 2012
Romania's nuclear energy consumption, last year, was of 2.7 million tonnes of oil equivalent, accounting for 0.4 percent of the world total, according to statistics from BP oil company. Nuclear energy consumption increased in 2011, in Romania, by 1.1 percent from the previous year, more than double that of 2001, when it totaled 1.2 million toe. The largest nuclear energy consumption was registered in the U.S. last year - 188.2 million toe, ...
France, US and Russia bid for Czech nuclear plant
Thursday, July 12, 2012
Czech energy company ?EZ announced it has received bids from French, American and Russian companies to build two new reactors at the Temelín nuclear power plant. France’s Areva, Westinghouse Electric Company in the United States and a Czech-Russian consortium called the MIR.1200 all bid to supply the third and fourth reactors at Temelín, the Czech energy company announced yesterday (3 ...