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Energy & Environment
JICA Project: 'Survey on the protection and rehabilitation of southern part of Romanian Black Sea coast'
Thursday, March 8, 2007
The rehabilitation and protection of the Black Sea coastline represents a core issue for Romania, while the academic environment is currently analyzing the programme of the Japanese International Cooperation Agency (JICA) called 'Survey on the protection and rehabilitation of southern part of Romanian Black Sea coast', said on Friday the Minister of Environment and Water Management Sulfina Barbu in a seminar on sea erosion.The survey wants to promote projects and transfer the knowledge in ...
E.ON Gaz Romania to invest over 170M RON
Thursday, March 8, 2007
E.ON Gaz Romania plans a total investment budget worth 170 million RON (over 50 million euros) in 2007, more than twice higher than in 2006, reads a press release of the company.The company had over 420 km of its network replaced, and it will massively invest to have the distribution pipes replaced in order to improve gas supply to customers in 2007, reads the release.E.ON Gaz Romania says it is at the stage of having a considerable number of the customers' meters replaced and it is ...
Disabling environmental bomb depends on each of us, BNR chief economist
Thursday, March 8, 2007
The Romanian society has not yet developed a demand for public and private policies capable to meet the extraordinary challenges represented by the effects of recent climate changes and, regrettably, even the discourse of elites maintains enough ambiguity and confusion in this respect, National Bank of Romania (BNR) chief economist comments in an interview for 'Saptamana Financiara' weekly. Lazea practically shared some of his impressions after having attended the conference dubbed 'Climate ...
Staistics: Electricity consumption , up 2.1 percent in Jan 2007
Thursday, March 8, 2007
Romania's electricity reserves dropped by 7.9 percent in January 2007 year-over-year, while final electricity consumption grew by 2.1 percent, the National Statistics Institute informs.Electricity supply amounted to 5.589 billion KWh in the first month of the year, by 477.8 million KWh (7.9 percent) less than over the same period the year before. The drop was triggered both by a decrease in production by 422.7 million KWh (7.1 percent) and a fall in imports by 55.1 million KWh (53 ...
Re-arrangement works of Danube basin to begin in 2008
Thursday, March 8, 2007
The Ministry of Environment and Water Management (MMGA) drew up a study of re-arrangement of the Danube River basin which stipulates the beginning in 2008 of works for flood defence and protection of population, allowing for climate changes, state secretary with MMGA Lucia Varga on Tuesday said at the 4th Danube Conference.‘'The Government earmarked 4 million lei for the drawing-up of this study, due to be finalised this year, so that the first works could start in 2008 in the areas most ...
Petrom: the 2006 financial report
Thursday, March 8, 2007
Petrom posted in 2006 sales of crude oil worth 4.9 million tonnes, down 6.2 percent compared to the previous year, following the lower domestic production of crude oil, according to the 2006 financial report presented by the company on Tuesday. The group's production of crude oil and natural gas dropped by 5.6 percent in 2006 as against 2005, reaching 74.64 million barrels of oil equivalent (boe), being influenced by the low level of domestic production by 8.4 percent at crude oil and 4.3 ...
Prime Minister urges launching of units 3 and 4 construction works at Cernavoda Nuclear Power Station
Thursday, March 8, 2007
Prime Minister Calin Popescu-Tariceanu stated on Tuesday that construction works of units 3 and 4 at Cernavoda Nuclear Power Station must be urgently launched and the units must be built 'in a connected flux', according to specialists, meaning a shorter implementation time and economies of some 200 million euros.'The Government must go through the legal, procedural stages and ensure financing together with private partners that should, on the basis of offers to be submitted, to prove they ...
Former commercial manager of Electrica joins CEZ
Thursday, March 8, 2007
One more manager has joined the ranks of the top managers who switch from the state-owned energy companies to the companies operating in the private sector, the former commercial manager of Electrica, Ion Lungu, Ziarul Financiar informs on Wednesday. After 30 years of experience in the state-owned energy companies, Ion Lungu, 56, decided to switch to the private field and became commercial manager of Electrica Oltenia, the largest distributor and supplier of electricity by number of clients, ...
DNA confirms ‘Iron Gates' case
Thursday, March 8, 2007
National Anti-Corruption Directorate (DNA) Chief-Prosecutor Daniel Morar, confirmed, on Tuesday the existence of a case regarding the revamping of the Portile de Fier (Iron Gates) electricity plant, indicating that the case was at an early phase and no one had been prosecuted, but did suggest possible abuse crimes. He added that the prosecutor on the case had come to the conclusion that the case was not in DNA's competence because there were no indications confirming corruption, so the case ...
Possible rise in natural gas price not to exceed 2 percent in 2007
Thursday, March 8, 2007
A possible rise in the price of natural gas in 2007 will be of maximum 2 percent, Economy and Trade Minister Varujan Vosganian told a Wednesday news conference.Vosganian explains there is a possibility that price at the consumer maintains at the current level, but that that depends on the evolution of the exchange rate.'We intend not to create any problems to the population as regards the price of natural gas in 2007,' Vosganian said.In January 2007, the price of natural gas dropped 2.5 ...
As of January 1 all electricity producers have to conclude contracts according to set rules
Thursday, March 8, 2007
Any electricity producer who concludes contracts by not observing the set rules will be sanctioned and the management immediately dismissed, Minister of Economy and Trade Varujan Vosganian on Wednesday told the parliamentary investigation commission. Vosganian said that as of January 1 no one could step in the contracts on the supply of electricity and admitted that this was possible until this date. ‘'It happened before that dignitaries require a state-owned electricity producer to conclude ...
47 Romanian toxic waste deposits do not comply with EU directives
Thursday, March 8, 2007
A number of 47 toxic waste deposits ( out of the 51) in Romania do not comply with the provisions of Directive 199931CE, only four observing the regulations as regards the construction, the representatives of the Ministry of Environment and Waters Management (MMGA). According to MMGA, the activity of these deposits was stopped at the end of last year to be rehabilitated within the next 1- 3 years. According to the specialists, Romania will be obliged to develop a system of toxic waste ...
Petrom and Rompetrol to mutually deliver 5,000 tons fuels monthly for one year
Thursday, March 8, 2007
The exchange of fuels between Petrom and Rompetrol will be made within 5,000 tons monthly, volume not to disturb the energy market ; the contract will be signed for a period of a year, according to Rompetrol information to NewsIN. According to the representatives of the company, the contract is beneficial for Rompetrol, as rail traffic on the Dorobantu-Fetesti route ( the route used by Rompetrol to supply filling stations in the country from Petromedia refinery) has been limited. The draft ...
Rafo Onesti owes the budget over 360 million euros
Thursday, March 8, 2007
Fiscal debts of Rafo SA Onesti to the budget were, at the end of last year, of over 1.22 billion lei, approximately 360 million euros, according to the Finance Ministry data, contested by the representatives of the refinery. The reassessment of the debt was made by the Finance Ministry at the request of the Brasov Court of Appeal. The court required the minister to finalise the data by the end of February and decided that the shareholders of the company to take over and pay the debts. But ...
Over 62 billion KWh generated in Romania in 2006
Thursday, March 1, 2007
As many as 62.207 billion KWh were generated in Romania in 2006, up 4.7 percent (2.808 billion KWh) from 2005, say data from the National Statistics Institute.Co-generation plants produced the largest amount - 38.237 billion KWh, up 13.6 percent from 2005, hydro-power stations generated 18.339 billion KWh, down 9.3 percent. The nuclear power plant in Cernavoda (south-eastern Romania) produced 5.631 billion KWh, up two percent from 2005.In 2006, Romania imported 989.3 million KWh and exported ...
Petrom develops environment project of 10 million euros near Bucharest
Thursday, March 1, 2007
Almost 200,000 sqm of land will be ecologically rehabilitated near Bucharest by Petrom following an investment of some 10 million euros, the company's officials told a press conference.At the end of the project, the plot of land will re-become fertile, and the underground water will meet the biological and chemical standards in force in Romania. This project will last three years, and the rehabilitation includes cleaning the soil and underground water by treatment technologies based on ...
Share of alternative energy in Romanian consumption to be one of the highest in EU
Thursday, March 1, 2007
In 2010 Romania will be one of the European Union member states with the highest share of electricity produced from alternative sources, according to the EU statistics bureau, Eurostat.European analysts expect the share of alternative energy in the total consumption in Romania will increase by a moderate rate in the following years, reaching a level close to the one in Slovenia but below those in Portugal, Latvia, Sweden (over 50 percent alternative energy) and Austria (over 75 percent). ...
Listing of energy companies could increase state budget by 1.5 billion euros
Thursday, March 1, 2007
Companies in the energy sector, such as Transgaz, Hidroelectrica, Nuclearelectrica and Romgaz will be listed on the Bucharest Stock Exchange (BVB) in 2008, according to Minister of Economy and Trade (MEC)Varujan Vosganian, as the energy sector needs major investments in the following years.'I believe that the listing of these companies could bring us 1.5 billion euros,' Varujan Vosganian said on Wednesday, on the occasion of a seminar on energy issues organized by Gandul daily.Vosganian also ...
Cernavoda Reactor II is loaded
Thursday, March 1, 2007
Operators of Unit 2 of Cernavoda Nuclear Electric Station (CNE) finished loading the new reactor, for it to become operational. The reactor was loaded by 100 tonnes of uranium fascicles put out in the nuclear fuel factory of Pitesti (north of Bucharest).The reactor will be supplied heavy water in late February and the new electricity group will be started on April 25 , with Unit 2 commercial exploitation scheduled for September, Cernavoda CNE coordinating manager Ionel Bucur told ...
Unwanted performance for Romania
Thursday, March 1, 2007
Romania could « brag » about a record increase of greenhouse gas emissions, coming among the TOP 5 in Europe of the most dynamic destroyers of the ozone layers. The statistics belong to the European Agency for Environment, who monitored the greenhouse gas emissions on the continent between 1990 and 2004 and the conclusion regarding the contribution of the member states to the destruction of the ozone layer was made public during the last days of February. The fastest increase in greenhouse ...