Govnet

Energy

Gazprom pipeline usage rights agreement with Romania to expire

The convention signed between The Russian Federation and Romania in 1996 which regulated the transit and supply of Russian gas through Romania will expire on December 31^st 2015. After this date the country will therefore have the right to resell gas coming in from Russia, and third parties will be able to gain access to the pipelines.

Electrica announces its investment budget

Electrica, the Romanian energy supply and distribution company, is planning to invest around 715 million euro until 2018, out of which 121 million this year alone, Mediafax reports. The general director of the company, Ion Rosca declared “ On the one hand important investments in the distribution sector are needed.

Telecommunications service provider AKTA enters energy business

New natural gas deposit discovered off Romanian Coast

Romania might start work on Cenavoda reactors 3 and 4 in two years time

Hidroelectrica's potential stock market listing sparks investor interest

Gazprom pipeline usage rights agreement with Romania to expire

USTDA to finance Transgaz project

Electrica announces its investment budget

Cernavoda Nuclear plant produced 6.56 million MWh in 2015