Tag: liberalization

Gas price frozen at 13.2 euros/MWh until Q2 2017 – Romania, 30 June 2016

Following the intention of the Ministry of Energy to temporary suspend the scheduled liberalization of gas prices, Romanian Minister of Energy Victor Grigorescu announced that the price of domestically produced natural gas will be frozen at 13.2 euros/MWh in the next nine months. Minister Grigorescu explained that the necessary measures were taken in order to […]

Ministry of Energy for temporary suspension of gas price liberalization – Romania, 27 June 2016

Romanian Ministry of Energy has launched a public debate on a draft proposal for the suspension of gas price liberalization schedule between 1 July 2016 and 31 March 2017. The draft proposal also establishes a price of 13.2 euros/MWh for domestically produced gas used by households or thermal power plants. According to previously agreed price […]

Gas interconnection agreement between Greece and Bulgaria signed – Greece, 24 June 2016

At the ceremony at Sidirokastro, the Greek natural gas transmission system operator DESFA and its Bulgarian counterpart Bulgartransgaz have signed an interconnection agreement, which will establish a foundation for liberalized gas trading in Greece. According to DESFA’s statement, the negotiations regarding the interconnection agreement have started back in 2013 and now are successfully completed with […]