Domestic gas price for households will be liberalized as of 1 April – Romania, 30 March 2017

After weeks of discussing the possible postponement in implementing of the liberalization of domestically produced natural gas for household consumers, the Romanian Government decided to comply with the initial deadline – 1 April 2017. According to the statement from the Ministry of Energy, as of 1 April 2017, the acquisition price of domestic natural gas […]

TPP Kosova e Re construction will raise GDP by 2 % – Kosovo, 30 March 2017

Kosovo’s Minister of Economic Development Blerand Stavileci said that the planned construction of 600 MW coal-fired thermal power plant Kosova e Re is expected to rise Kosovo’s gross domestic product (GDP) by some 2 %. Minister Stavileci said in an interview that the construction of the new power plant, which is the largest energy project […]

CEZ conditionally sells 7.5 % stake in MOL – Hungary, 30 March 2017

Czech energy company CEZ has conditionally sold its 7.5 % stake in Hungarian oil and gas company MOL for about 498 million dollars. The statement from CEZ said that the final placing price determined via a bookbuilding process was 60.54 euros per share. The shares were conditionally sold by CEZ subsidiary CEZ MH, which will […]