News

Rompetrol inaugurated first petrol station powered by renewable energy – Romania, 20 July 2018

Rompetrol Downstream, fuel retailer which operates within KMG International Group, has completed the fitting of its first petrol station with high-capacity solar panels, which is the first facility of such kind entirely powered by renewable energy in Romania and the Black Sea region. General Manager of Rompetrol Downstream Vlad Rusnac said that this is an […]

Proposal for natural gas price capping withdrawn – Romania, 20 July 2018

Romanian Minister of Finance Eugen Teodorovici has confirmed that a draft bill aimed at setting the cap the price of domestically produced natural gas to 11.82 euros/MWh has been withdrawn. Minister Teodorovici explained that the draft has been withdrawn because the Romanian market is still not ready for such move, but it will continue talks […]

Gas imports increased by 13.4 % in the first five months of 2018 – Romania, 20 July 2018

According to data from the National Institute for Statistics (INS), in the first five months of 2018 Romania imported 618,300 tons of oil equivalent of natural gas, which is 13.4 % or 73,100 tons of oil equivalent more than in the same period last year. In the January-May 2018 period, domestic gas production amounted to […]