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NATURAL GAS

Slovenian Petrol Group’s Net Profit Up 20% in Q1 2020; 2020 Business Plan Will Not Be

Date: 25.05.2020 Author: Peter Palčec
Slovenian Petrol Group’s Net Profit Up 20% in Q1 2020; 2020 Business Plan Will Not Be AchievedPhoto: Petrol

The Slovenian Petrol Group generated an adjusted gross profit of EUR 105.3 million in the first quarter of 2020, which is at the same level as in 2019. The Petrol Group’s net profit amounted to EUR

FBiH’s Government Approves New Gas Price For Distribution Companies

Date: 25.05.2020 Author: Peter Palčec
FBiH’s Government Approves New Gas Price For Distribution CompaniesPhoto: Roman Peklaj

The government of the Federation of Bosnia and Herzegovina (FBiH) has approved the wholesale price of natural gas for distribution companies in FBiH, which amounts to KM 530 (EUR 270.98) per 1,000

Croatian Plinacro to Acquire Loan for Zlobin-Omišalj Gas Pipeline

Date: 25.05.2020 Author: Peter Palčec
Croatian Plinacro to Acquire Loan for Zlobin-Omišalj Gas PipelinePhoto: www.pixabay.com

The Croatian government has given its approval to the Croatian gas TSO, Plinacro, for a loan from the Erste & Steiermaerkische bank (ESB) for the construction of the Zlobin-Omišalj main gas pipeline.

Croatian Gas TSO Announces Gas Procurement Procedure

Date: 22.05.2020 Author: Peter Palčec
Croatian Gas TSO Announces Gas Procurement ProcedurePhoto: Andreja Krašna

The Croatian gas TSO, Plinacro, has announced a public procurement procedure for natural gas for positive and negative balancing energy purposes for quantities of up to 2.4 million kWh of gas per day,

Avalanche of Insolvencies Expected Once Moratoriums Expire

Date: 21.05.2020 Author: Tanja Srnovršnik
Avalanche of Insolvencies Expected Once Moratoriums ExpirePhoto: Roman Peklaj

An “avalanche” of bankruptcies of small and medium-sized energy companies is expected over the coming year once the current moratoriums expire and companies struggle to balance the books amid

Different Types of Energy Storage Technology Must Be Used to Ensure Flexibility

Date: 21.05.2020 Author: Peter Palčec
Different Types of Energy Storage Technology Must Be Used to Ensure FlexibilityPhoto: Pixabay

“The energy transition entails significant challenges. Energy storage can, and will, play a key role in addressing them. Energy storage enables high integration of renewable energy, brings benefits

Companies to Continue With Energy Transition Projects Despite Pandemic

Date: 21.05.2020 Author: Peter Palčec
Companies to Continue With Energy Transition Projects Despite PandemicPhoto: arhiv Energetike.NET

“Companies are clearly being challenged by the current situation, which is a product of the coronavirus pandemic, and they are being really careful about unnecessary expenditure. Over the last two

Serbian AERS Approves Rules on Operation of Gastrans

Date: 21.05.2020 Author: Peter Palčec
Serbian AERS Approves Rules on Operation of GastransPhoto: Plinovodi

The Serbian energy regulator, AERS, has given its consent to the rules on the operation of the natural gas transmission system of the company Gastrans. The rules regulate the relations between the

ACER: EU Gas Supply Sourcing Costs Fall in 2019, Another Fall Expected in 2020

Date: 20.05.2020 Author: Tanja Srnovršnik
ACER: EU Gas Supply Sourcing Costs Fall in 2019, Another Fall Expected in 2020Photo: GCA

Gas supply sourcing costs in most EU member states fell by more than 3 EUR/MWh in 2019 compared to 2018, as prices were pressured by record LNG deliveries, according to a preliminary assessment by the

Romania’s Romgaz to Invest EUR 3.2bn by 2025

Date: 20.05.2020 Author: Peter Palčec
Romania’s Romgaz to Invest EUR 3.2bn by 2025Photo: Energetika.NET

Romania's state-controlled gas company Romgaz plans to invest around RON 15.7 billion (EUR 3.2 billion) by 2026, according to the company's investment strategy that needs to be endorsed by

Big Risk of a Further Gas Price Drop This Summer

Date: 19.05.2020 Author: Tanja Srnovršnik
Big Risk of a Further Gas Price Drop This SummerPhoto: Plinovodi

European gas demand is expected to be 1-2% lower in 2020 compared to 2019. With already record high storage levels, there will be less need for injections this summer. If the prices of LNG are not

Over 70km of Line Pipes Delivered for Greece-Bulgaria Gas Link

Date: 19.05.2020 Author: Tanja Srnovršnik
Over 70km of Line Pipes Delivered for Greece-Bulgaria Gas LinkPhoto: www.gov.bg

Activities on the realisation of the Greece-Bulgaria gas interconnector (IGB project) are progressing “despite the unexpected situation related to the measures to prevent the spread of COVID-19,”


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