Liviu Nistoran, president of CA Romgaz: The conversion of gas into fertilizers has a yield of 3 to 1 and in energy of 2 to 1. Here is a place for investment

Black Sea gas, as well as any onshore discoveries in the deep sea area, could be used in the chemical fertilizer sector for energy production, in the context of replacing many units, especially coal, but also in the compressed natural gas area, a transport solution that gains more and more popularity. Romgaz, the largest local gas producer, says it is investing in all of the above sectors, one of the objectives being to increase the presence on the exploration side and production in the Black Sea, but also in the Caspian region.

Source: Ziarul Financiar

Christof E & P Services, the subsidiary of an Austrian group building power plants, tripled its Romanian business in a year to 158 million lei

The company has 830 employees in Romania. Christof E & P Services has worked for companies such as OMV Petrom, Azomures and Linde Gas. The Romanian subsidiary of the Austrian company Christof Industries, specialized in the construction and maintenance of power plants, tripled its Romanian business in 2017. The result was 158 million lei last year, as in 2016 the turnover of Christof E & P Services, the local branch of the Austrian group, was 55 million lei, according to the data on the site Ministry of Finance.

Source: Ziarul Financiar

Nuclearelectrica: Dan Bigu, director of the Cernavoda NPP branch, starting September 1

From 1 September 2018, Dan Bigu will be the director of the Cernavoda NPP Branch following the completion of the internal competition to fill this position in accordance with the applicable legal provisions, Nuclearelectrica reports in a report sent to the Bucharest Stock Exchange .

Source: Agerpres, Profit