Shareholders of Montenegrin electricity transmission system operator CGES have approved the distribution of 16.24 million euros in dividends. This amount is a part of the company’s undistributed profits from previous years, which amounted to 28.7 million euros at the end of 2017. Gross dividend will Full article available for subscribers of Energy NEWS service (PDF […]
According to Greek Regulatory Authority for Energy (RAE), an underground gas storage, which should be developed from a depleted offshore gas field near Kavala in northern Greece, will cost about 240 million euros and will provide annual transmission capacity of 360 million cubic meters, with a poten Full article available for subscribers of Energy NEWS […]
Energean Oil and Gas said that it has signed a gas sales and purchase agreement with I.P.M. Beer Tuvia Ltd. (IPM) to supply an estimated 5.5 billion cubic meters of gas from its Karish and Tanin offshore fields over a period of 19 years. The contract is subject to necessary approvals and is conti Full […]