Tag: Romgaz

Romgaz doubled the price of gas it supplies to ELCEN – Romania, 23 September 2021

Romanian natural gas producer Romagaz will double the price of natural gas it supplies to Bucharest-based thermal energy producer ELCEN. This will increase ELCEN’s production cost by some 60 %, but also lead to an increasing in heating prices for the population by 20 %. The new price will be vali Full article available for […]

Romgaz recorded slightly lower profit in H1 2021 – Romania, 13 August 2021

State-owned natural gas producer Romgaz said that it has recorded a net profit in the amount of 155 million euros in the first half of 2021, which is by 4.9 % or some 8 million euros lower compared to the same period last year. The company’s total revenues increased by 1.1 % in the first […]

Romania removed controversial energy projects from PNRR – Romania, 19 July 2021

Romanian Minister of Energy Virgil Popescu said that all the projects awarded directly to some state and private companies were removed from the National Recovery and Resilience Plan (PNRR) and replaced with projects to be financed under a competitive selection of projects. Minister Popescu expla Full article available for subscribers of Energy NEWS service (PDF […]