cez romania

Direct natural gas imports might reduce gas prices by a few tens of percents and Romania should negotiate the purchases directly with Russian natural gas monopoly OAO Gazprom, Adrian Borotea, corporate affair manager in CEZ Romania, the local unit of Czech power group CEZ AS, said Friday.

The construction of the nuclear reactors 3 and 4 at Cernavoda nuclear power plant will be finalized with at least one-year delay, on Romanian Government failing to officially notify Czech power group CEZ AS about its decision to increase nuclear energy company Nuclearelectrica stake in the project.