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Iran Ready to Bring Gas Supplies to Europe via Nabucco
Iran has expressed willingness to supply gas to Europe via the Nabucco gas pipeline.
Ali Majedi, Deputy Oil Minister in charge of International Affairs, announced that two European countries had already expressed interest in the project.
Romania to Sue Italy's Enel Over Failed Sale
Romania is to open a legal case against Italian energy holding Enel at the Paris-based International Court of Arbitration for breaching privatization terms concerning the sale of the local company, Electrica Muntenia Sud.
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Bulgaria-Romania Gas Link Suffers Further Delay
A gas interconnector with Romania being built since 2012 will not be operational before September, sources close to the construction say.
The 25-kilometer-long connection between Bulgaria's city of Ruse and Romanian Gyurgevo was initially scheduled to be ready in end-2013 at the latest, but the deadline was extended over technical difficulties.
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Romania Hopes for Windfall From Power Producer Sale
The Romanian government on Wednesday announced the launch of the sale of a 51-per-cent stake in the electricity distributor Electrica, from which it hopes to raise up to 1.95 billion lei (some 435 million euro).
The sale forms a major part of the Romania's privatisation strategy, which has been agreed with the International Monetary Fund, IMF.
Gazprom fully books gas transport capacity on Hungarian stretch of Arad-Szeged pipeline
Russian energy giant Gazprom has booked the entire capacity tendered by the Hungarian side of the Arad - Szeged gas pipeline, chairman of the Chamber of Deputies' Committee for Industries and Services Iulian Iancu told a conference on energy this Monday.