Turkey has agreed to send natural gas via pipeline to Romania starting from Oct. 1 and running until March 31, 2025, the Turkish Petroleum Pipeline Corporation (BOTAS) announced on Wednesday. The agreement between BOTAS and Romania’s OMV Petrom, one of the largest energy companies in the region, will cover the …
Read More »Romania to Construct Europe’s Largest Solar Plant
The western Romanian city of Arad is set to rise and shine as the location where Europe’s largest solar plant will be constructed, with the first stage of work to kick off in July. The full project is scheduled to be completed by 2026. The first panels will be installed …
Read More »Romania could soon House Europe’s Largest Photovoltaic Park
Independent clean energy producer Rezolv Energy has acquired the rights to build and operate a 1,044 Megawatt solar photovoltaic plant in western Romania, which, if constructed, is expected to become Europe’s largest solar PV plant. Rezolv Energy, which acquired the rights from the Monsson Group, is investing in around 1.6 …
Read More »Romania’s Natural Gas Deposits are 81% Full
Romania’s natural gas deposits are already 80% full (81% as of September 17), and the storage will continue by the end of October, according to data reported by national transport grid operator Transgaz and the Gas Infrastructure Europe platform. The 80% rate represents the minimum threshold approved for Romania under …
Read More »Iraqi Company Buys a Romanian Power Plant
Iraq’s Mass Group Holding has bought Romania’s Mintia thermal power plant (TPP) from Hunedoara Energy Complex (CEH) for 91.2 million euro ($91 million) in a public auction, and plans to invest over 1 billion euro in the plant in the coming years, the company’s judicial administrator Expert Insolventa said on …
Read More »Romania’s Transgaz Joins US-Led LNG Network Project in Eastern Europe
Industry sources claim that Transgaz would also like to participate in this project.
Read More »Gazprom Builds Small-Sized Thermal Power Plant in Romania
The size of the plant is at least three times the size of similar plants operated by OMV Petrom in Romania.
Read More »Romania. among the Least Dependent Country on Oil Imports in the EU
The EU Member State with the highest oil import dependency rate in 2017 was Estonia (115%).
Read More »Iran Stresses Europe`s Practical Approach towards JCPOA
Romania will chair the European Union during the first half of 2019.
Read More »Romania. Russia`s New Challenger in Eastern Europe
Romania currently produces about 10.5 billion cubic metres of gas each year.
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