The New Mine Law: The Government will be able to declare national interest any mineral resource with „expeditious” expropriation for exploitation

The Government will be able to declare by decision that any mineral resource of national public interest, for which the existing legislation provides for accelerated and simplified procedures for the expropriation of necessary land without the consent of the owners, stipulates the draft of the new Mine Law.

Source: Profit

Engie Romania has bought Gazprom shares o

ENGIE Romania acquired the shares owned by Gazprom Schweiz AG and its subsidiaries in the Wirom distribution, supply and service company, operating in the south of Romania, thus increasing its stake from 48.85% to 100%, after having received the agreement of the Competition Council. With this acquisition, ENGIE Romania consolidates its position as the largest distributor and supplier of natural gas on the regulated gas market at national level, a communiqué of the company notes.

Source: Adevarul

Austria will continue to support the Nord Stream-2 project

Chancellor Sebastial Kurz at the end of his meeting with US President Donald Trump: Austria is interested in stable gas sources and will continue to support the Nord Stream-2 pipeline project, despite the fact that the US is opposed to the project. „The US has already said it is against this project and we know this. We support this project because we are interested in safe energy supplies in Austria.

Source: FinancialIntelligence