Negotiations with Bulgaria are still under way and this is the right time for Romania to make its intentions clear about South Stream gas pipeline project, Gazprom export CEO Alexander Medvedev said in an interview with Southeast European Times . Romania has a great strategic position on the Black Sea coast and it could have been the starting point for the European part of the pipeline route, like Bulgaria , he explained. Medvedev is reportedly going to visit Romania soon in order to discuss countrys involvement with South Stream project as well as the development of a gas storage facility located at Malureni.
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Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more