natural gas

Romanian Companies To Pay 10% More For Natural Gas Come Jul 1

The price of natural gas paid by Romanian households and thermal power producers will remain unchanged until July 1, 2012, but industrial consumers will pay 10% more starting July 1, 2011, Friday said energy regulator ANRE.

Requests To Hike Gas Prices Are Justifiable – Romanian Energy Watchdog

Natural gas suppliers operating in Romania are entitled to request the increase of regulated prices and the use of reserves for several industrial consumers, according to a document of the local energy regulator ANRE.

MP Drafts Law Banning Romania’s Would-Be Natural Gas Exports

Romanian leftist MP Iulian Iancu told an energy conference Tuesday that he has submitted a draft law banning natural gas exports, even though Romania is physically unable to unfold such exports at the moment.

Romania Imported Gas Price Rises At 2-Yr High In Jan

Romania imported in January natural gas at $399 per thousand cubic meters, the highest price since March 2009, according to data published by energy regulator ANRE.

Romania 2010 Gas Consumption Up 4.8% To 146.7M MWh

Romanian natural gas consumption rose 4.8% to 146.7 million MWh in 2010, from around 140 million MWh a year earlier, the country’s energy regulator ANRE said in a report Monday.

Petrom: Romania Should Free Gas Market For Companies First, Protect Households

Romanian oil company OMV Petrom (SNP.RO) proposes the allocation of only locally made natural gas to household consumers, coupled with the liberalization of gas prices for industrial consumers.

Romania Signs Four-State Declaration Backing AGRI Gas Pipeline

The presidents of Romania, Azerbaijan and Georgia, along with the Hungarian Prime Minister, signed Tuesday a joint statement supporting the AGRI gas pipe project.

Romania’s Natural Gas Consumption Fell 15% In 2009

Natural gas consumption in Romania dropped last year by 15%, to 140 million MWh (13.2 billion cubic meters), according to data released Monday by the country's energy watchdog ANRE.

Romania’s Govt Urges Industrial Consumers To Reduce Natural Gas Consumption

Romania’s Government urged the country’s big industrial consumers to reduce their natural gas consumption at this time of the year, and asked thermal power plants to use crude oil to avoid gas imports.

Romania Must Be Prepared For Possible Gas Crisis – Econ Min

Romania must find solutions to prevent a potential natural gas crisis during the winter, Economy Minister Adriean Videanu said Monday.

Romania’s Conflict With Sterling May Be Solved Amiably – MP

The dispute between Romania’s Government and Sterling Resources on the hydrocarbons explorations in the Black Sea may be solved amiably by signing a partnership between the Canadian company and local gas producer Romgaz, Thursday said Iulian Iancu, a deputy with the Social Democratic Party.

Romanian Romgaz Inks JV Agreement With Russia’s Romgaz

Romania, through state-owned gas producer Romgaz Medias, signed Monday the first agreement after 1989 with Russian natural gas monopoly Gazprom, which also stipulates the setup of a joint venture for storing and selling natural gas.

Imports of Russian Gas To Romania Still 30% Lower – Transgaz

Romania's imports of Russian natural gas continue to be 30% lower, although Ukraine’s state-run energy firm Naftogaz announced Sunday it resumed natural gas transit to Romania at normal capacity, Romanian state-owned gas pipeline operator Transgaz's general manager said Monday.

Ukraine Restores Natural Gas Transit To Romania – Naftogaz Official

Ukrainian state-owned company Naftogaz resumed Sunday transit of natural gas to Romania at normal capacity, although Russian gas producer Gazprom Friday notified Romanian authorities it reduces supplies destined to Romania by 32% until January 11, KievPost reported.

Transgaz, Romgaz, Gazprom Might Partner Up To Store Gas In Romania

Romania’s state-owned gas pipeline operator Transgaz, the country’s largest gas producer Romgaz and Russian gas monopoly Gazprom spoke Wednesday about a possible cooperation in natural gas storage in Romania, in developing the country’s current gas transit capacities and setting up new ones.

Import Gas Price To Hike In Romania In 4Q ’08 – E.ON Gaz

The import gas prices will hike in the last quarter of 2008, Frank Hajdinjak, president of the managing board of gas distributor E.ON Gaz Romania, the local unit of Germany's giant E.ON, said Wednesday in the central Romanian city of Targu Mures.

Romania’s Natural Gas Prices Up By Avg 12.5% As Of Jul 1 -ANRE

The gas prices delivered to population will be up by an average 12.5% as of July 1, on the costs increase in purchasing natural gas during January to June period, as well as in order to partially recover the price differences reported during that period, Romania’s Energy Authority ANRE said.

E.ON Gaz Romania Sees Imported Gas Prices Up To $600 Per 1,000CBM By Yearend

E.ON Gaz Romania, the local unit of Germany’s E.ON Gaz, sees the price of imported natural gas up to $600 per 1,000 cubic meters by yearend, compared with the current $420 per 1,000 cubic meters, the company said in a statement Monday.

Romania May Import Gas Directly From Russia In 8 Yrs – Econ Ministry

Romania might import gas directly from Russian natural gas monopoly OAO Gazprom (GSPBEX.RS) in about eight years, when the local gas production diminishes and the imported gas supply reaches 50% of the country’s consumption, a director in the Ministry of Economy and Finance said Tuesday.

Romanian Natural Gas Prices Up 6% Since ’07, Vs 70% Worldwide

The price of natural gas delivered to Romanian consumers increased only by 6% since January 2007, compared to a 70% price hike worldwide, Romanian economy and finance minister Varujan Vosganian said Thursday.

Romania Should Import Natural Gas From Russia – Fin Min

Romania will register losses of hundreds of million euros for the period between 2002 and 2012, as the authorities chose to purchase natural gas from intermediaries and not directly from Russia, minister of Economy and Finance Varujan Vosganian said Sunday.