President of the European Parliament: I think it is time to accelerate Romania’s accession to Schengen

„I think it is time to accelerate Romania’s accession to the Schengen area, because, in order to better secure our borders and our security, waiting countries need to enter Schengen as soon as possible,” said Antonio Tajani, joint press release with Prime Minister Viorica Dăncilă, supported at the end of the meeting of the Conference of Presidents of the European Parliament with the Government of Romania, organized in view of taking over by our country the presidency of the EU Council on 1 January 2019.

Source: Agerpres

All potential ExxonMobil-OMV Petrom gas customers in the Black Sea have denounced capacity booking contracts on the future pipeline

All potential gas customers to be extracted from the Black Sea Neptune Deep Offshore Perimeter, concessioned by ExxonMobil-OMV Petrom consortium, unilaterally terminated the transportation capacity booking contracts they had signed with Transgaz, which puts the question of the project of the Tuzla-Podişor pipeline operator to take over the gas from the respective perimeter and introduce them into the national transport system (SNT). „As a result, Transgaz notes that the process of incremental capacity at the expected point of entry into PMT Tuzla SNT has ended unsuccessfully,” the company said. Most likely, potential buyers of capacity unilaterally terminated Transgaz reservation contracts as a result of the uncertainty generated by the failure to finalize the final investment decision in the project due to the late adoption of the offshore law in a form unpleasant for the petroleum.

Source: Profit, Economica

Enel officials warn: Romanian energy regulations do not support network investments. That’s why we cut the plan almost half

Enel has 300 million euro investment plans for the next three years in Romania, with 250 million less than initially planned. The Italian Enel group, a distributor and energy supplier operating on the local market, has reduced its distribution investments planned for Romania for the next three years as a result of the regulations imposed by ANRE (National Regulatory Authority for Energy) said company officials at Capital Markets Day, which took place in Milan on Tuesday.

Source: Ziarul Financiar, Economica

Changes in the sale of petrol to the pump as of January 1, 2019. What are the law obliging suppliers to do?

The Chamber of Deputies’ plenary adopted on Wednesday a draft law according to which fuel suppliers will sell from 1 January 2019 gasoline with a biofuel content of at least 8% in the total volume sold to final consumers in a calendar year. „Fuel suppliers shall sell to the final consumer only petrol with a biofuel content as follows: (a) until 31 December 2018, gasoline with a biofuel content of not less than 4,5% by volume; from January 1, 2019, gasoline with a biofuel content of at least 8% in the total volume sold to final consumers in a calendar year „, provides for the draft law on the approval of GEO 80/2018.

Source: Mediafax