Explosion at Baumgarten gas hub in Austria shook European gas markets - Region, 12 December 2017  |  TANAP to be put into operation in the first half of 2018 - Turkey, 7 December 2017  |  Unit 2 at NPP Cernavoda disconnected from the grid - Romania, 7 Decmeber 2017  |  Electricity prices could be higher by 3.6 % as of 1 January - Montenegro, 7 December 2017  |  Second stage of Mozura wind farm construction started - Monetnegro, 7 December 2017  |  PPC looking to expand to Turkey - Greece, 7 December 2017  |  Number of Croatian energy projects included in the PCI list - Croatia, 7 December 2017  |  Analysis on the possibility of a derogation for TPPs expected in January - Bulgaria, 7 December 2017  |  Clients of Future Energy another week to switch supplier - Bulgaria, 7 December 2017  |  Annex to contract on gas transport via Hungary signed - Bosnia and Herzegovina, 7 December 2017  |  Two-thirds of pipe trenching works along TAP route completed - Region, 7 December 2017  |  ANRE approved the increase of Transelectrica’s tariffs - Romania, 6 December 2017  |  ELPE, DEPA, PPC stakes expected to be sold in 2018 - Greece, 6 December 2017  |  Floods hit Albania, electricity production surges - Albania, 6 December 2017  |  Ukraine to stop gas imports by 2020 - Region, 6 December 2017  |  Household electricity prices increased by 1 % in Q3 2017 - Slovenia, 6 December 2017  |  Deep conversion unit at Pancevo refinery to be completed in Q3 2019 - Serbia, 5 December 2017  |  Construction of desulfurization facility at TENT A started - Serbia, 5 December 2017  |  Another investor to join Alexandroupoli LNG terminal project - Greece, 5 December 2017  |  AES Bulgaria expects 7-8 % rise in revenues in 2017 - Bulgaria, 5 December 2017

Jugopetrol to distribute 5 million euros in dividends – Montenegro, 15 June 2017

Montenegrin oil company Jugopetrol announced that it will distribute about 5 million euros from its last year’s profits as dividends, which amounts to net gain of 0.98 euros/share.
In related news, Montenegrin Stock Exchange announced that the auction for sale of 9.2 % share in Jugopetrol will be held on 22 June. A total of 428,700 shares will be offered at the auction at the starting price of 13.5 euros per share.

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