Energy NEWS August-1 2022

Edition August-1 2022 with 109 pages and 112 energy news articles

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Table of content, edition August-1 2022

TRADING OVERVIEW

ENERGY NEWS

Region
02.08. – ENTSO-E agrees to increase cross-border capacity with Ukraine and Moldova
04.08. – EU to invest in increasing Croatia’s electricity interconnections
05.08. – Hungary and Poland are against EU plan to reduce gas consumption
09.08. – Ukraine shuts off southern branch of Druzhba oil pipeline
09.08. – EU’s plan on reducing gas consumption enters into force
10.08. – Increasing risk of hydropower investments in southeastern Europe
10.08. – EU bans coal imports from Russia
11.08. – Oil supply via Druzhba pipeline to resume after MOL paid Russia’s transit fees
12.08. – Photon Energy recorded 0.5 million euros net profit in H1 2022
12.08. – Kazakhstan to sell crude oil through Azerbaijan and Turkey
13.08. – Increase of NTC values on Montenegro – Kosovo border direction between 15 and 21 August
15.08. – ICGB is introducing 2-tier management model

Bosnia and Herzegovina
01.08. – EP HZHB recorded slightly lower profit in H1 2022
01.08. – EPBiH’s profit dropped significantly in H1 2022
03.08. – RiTE Ugljevik turns to profit in H1 2022
03.08. – Krajinapetrol’s loss slightly increased in H1 2022
04.08. – RS to abolish guaranteed electricity purchase price for large producers
08.08. – HPP Visegrad produced 33 GWh of electricity in July
08.08. – RS to support 250 MW in rooftop solar projects
13.08. – No significant electricity price increases by 2025
13.08. – EPBIH failed to secure concession for Podvelezje 2 wind farm

Bulgaria
01.08. – Electricity generation increased by 16.5 % in 2022
01.08. – Parliament approved streamlining prosumer projects
02.08. – Bulgargaz proposes 60 % wholesale gas price increase for August
02.08. – Investigation into Balkan Stream project found serious violations
03.08. – Bulgaria is still in contact with Gazprom
04.08. – Bulgaria received binding offers for 7 LNG cargoes from Chenier
04.08. – Chiren gas storage 48.8 % full
05.08. – 2.565 TWh traded on IBEX in July
05.08. – Bulgaria to launch auction for short-term LNG deliveries
05.08. – TPP Galabovo achieved record monthly production in 2022
08.08. – TPP Brikel ceased operation
08.08. – Bulgaria-Greece gas interconnection may still be inoperable in October
10.08. – Bulgaria seeks short delay to signing LNG supply contract
11.08. – Bulgaria is Europe’s third largest electricity exporter
11.08. – Greece-Bulgaria gas interconnection construction largely completed
11.08. – Bulgaria to loan 409 million euros to Bulgargaz for gas purchases
12.08. – KEVR approved 60 % wholesale gas price hike for August
12.08. – Bulgargaz proposes 6 % wholesale gas price increase for September
12.08. – Construction works on IGB pipeline will be completed in early September
15.08. – Bulgartransgaz relaunched three Chiren gas storage expansion tenders
15.08. – Bulgaria secured gas supply for September
16.08. – Bulgartransgaz takes measures to encourage gas storage at Chiren facility

Croatia
02.08. – Professio Energia and Danske Commodities signed PPAs for three wind farms
03.08. – 568,906 GWh traded on CROPEX in July
04.08. – Professio Energia increased net profit in H1 2022
11.08. – Okoli gas storage facility 61 % full
16.08. – EBRD loans 43 million euros for 2 wind projects in Croatia

Greece
04.08. – New FSU at Revythoussa ready by end-August
05.08. – Tender for 20 % stake in Ariadne Interconnector launched
05.08. – Solar capacity expected to soon overtake wind capacity
12.08. – PPC Renewables launched tender for 550 MW solar project

Hungary
04.08. – 1.96 TWh traded on HUPX day-ahead market in July
04.08. – Shell temporarily closes five petrol stations in Hungary
05.08. – Strong MOL’s performance despite unpredictable market
10.08. – First LNG truck shipment from Krk terminal
12.08. – Hungary to significantly increase domestic gas production
15.08. – RES electricity generation rose by 20.7 % in May

Kosovo
11.08. – North Macedonia and Kosovo to negotiate electricity/coal swap

Macedonia
01.08. – OKTA refinery’s profit doubled in H1 2022
01.08. – Makpetrol recorded significantly higher profit in H1 2022
16.08. – Israeli BIG Group acquired 70 MW solar project in North Macedonia
16.08. – All three TPP Bitola units to be operational as of November

Montenegro
02.08. – No offers for the purchase of EPCG’s shares
03.08. – Pljevlja coalmine recorded just 50,000 euros profit in H1 2022
05.08. – Jugopetrol’s profit tripled in H1 2022
05.08. – EPCG relaunched the sale of 10 % of its shares
08.08. – CGES recorded higher profit in H1 2022
12.08. – Again no bids for EPCG’s shares
16.08. – EPCG recorded lower profit in H1 2022
16.08. – Government allowed EPCG to start negotiations over Zeljezara Niksic takeover

Romania
01.08. – OMV Petrom to distribute more than 500 million euros in special dividend
02.08. – Romgaz completed the purchase of ExxonMobil’s 50 % stake in Neptun Deep project
02.08. – Romania is the only EU member state where increase in gas production is possible
03.08. – FP to delay Hidroelectrica’s IPO to 2023
04.08. – Romania has no need to reduce gas consumption for now
04.08. – Hidroelectrica covered cost of energy subsidies for last winter
05.08. – Transgaz recorded 109 % higher profit in the last four years
05.08. – EBRD to provide 30 million euros loan to Premier Energy
05.08. – OMV Petrom and Romgaz should make final investment decision on Neptun Deep by the end of 2022
05.08. – Average OPCOM day-ahead price rose in July
08.08. – Gas-fired TPP Brazi generated 32 TWh of electricity in the past decade
09.08. – EC approved 149 million euros support scheme for renewable hydrogen production
09.08. – Transgaz looking to purchase imported gas for balancing purposes
11.08. – Oil Terminal recorded 83 % higher profit in H1 2022
11.08. – Transelectrica and Moldelectrica signed agreement on cross-border electricity exchange
11.08. – Israeli BIG Group to build 96.9 MW wind farm in Romania
12.08. – Deadline for submission of cogeneration projects for PNNR financing extended to 15 September
12.08. – Nuclearelectrica renewed CEO’s mandate for another four years
12.08. – Transelectrica recorded 73 % lower profit in H1 2022
12.08. – Bucharest City Hall sues MOL Romania
12.08. – Electricity consumption dropped by 4.4 % in H1 2022
15.08. – Nuclearelectrica’s profit tripled in H1 2022
15.08. – Romgaz more than doubled its net profit in H1 2022
16.08. – Photon Energy started construction of its sixth solar project in Romania

Serbia
01.08. – US Bechtel interest in HPP Djerdap 3 project
05.08. – 290,378 GWh traded on SEEPEX in July
09.08. – Belgrade heating utility plans to use geothermal energy
10.08. – Low water levels decreased electricity generation by a third
15.08. – EPS to open new coalmine at Kostolac basin

Slovenia
01.08. – VAT on energy products decreases as of 1 September
02.08. – Court decision halts HPP Mokrice project
05.08. – HSE completed its second solar power plant
15.08. – NPP Krsko production in July

Turkey
01.08. – Energy imports rose by 122.5 % in June
01.08. – Turkish construction company to sue Rosatom over NPP Akkuyu project
05.08. – BTC exported 14.1 million tons of crude oil in H1 2022
06.08. – Turkey to pay in rubles for Russian natural gas
08.08. – CEZ agreed to sell 50 % in its Turkish joint venture
09.08. – Turkey’s 4th drillship sets sail for the Mediterranean
11.08. – UAE-based IHC acquired 50 % stake in Kalyon Energy
12.08. – Turkey commissioned 34 new hydropower plants

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