Tag: Romania

Romania has the lowest household gas prices in the EU – Region, 27 November 2018

According to the data published by the European statistics office Eurostat, in the first half of 2018, average household electricity prices in the European Union (EU) were stable compared with the first half of 2017, standing at 20 euros/100 kWh. Average gas prices in the EU were also stable and sto Full article available for […]

PM’s advisor accuses President Iohannis of making a deal with OMV on offshore hydrocarbon law – Romania, 21 August 2018

Darius Valcov, an economic advisor of the Romanian Prime Minister, has implied that President Klaus Iohannis made a deal with CEO of Austrian company OMV regarding the offshore hydrocarbon law. In early August, President Iohannis has asked the Parliament to re-examine the controversial offshore hydrocarbon law, which sets the rules for offshore oil and gas […]

Transgaz to invest 360 million euros in Tuzla-Podisor pipeline – Romania, 21 August 2018

Romanian natural gas transmission system operator Transgaz will invest 260 million euros in Tuzla-Podisor gas pipeline, a key project designed to connect the offshore gas facilities in the Black Sea to the international Bulgaria-Romania-Hungary-Austria (BRHA) gas pipeline. According to the company’s half year report, the 308 kilometers long Tuzla-Podisor gas pipeline will ensure the transport […]