Tag: Romgaz

Romanian gas prices lag behind CEGH benchmark – Romania, 14 September 2020

Following the introduction of the gas release program, the futures prices for the natural gas prices on the Romanian Commodity Exchange fell below the central European benchmark set on the Austrian CEGH exchange. This trend will likely remain in place for the coming quarters, as the domestic mark Full article available for subscribers of Energy […]

Romgaz and GSP are building 200 MW power plant – Romania, 07 September 2020

Romanian natural gas producer Romgaz and GSP Power, part of Grup Servicii Petroliere (GSP), agreed to build a new power plant in Halanga near Turnu Severin. It is a mixed project, with combined installed capacity of 200 MW, of which 150 MW will be gas-fired and 50 MW in solar panels. The panels w Full […]

Romgaz considering ELCEN takeover – Romania, 20 August 2020

State-owned natural gas producer Romgaz is currently analyzing the possible takeover of state-controlled electricity and heat producer ELCEN, which provides heat and hot water for the majority of households in Romania’s capital Bucharest. ELCEN is currently under judicial reorganization due to ca Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]