The government approved the Emergency Plan for the security of natural gas supply in Romania, announced the spokesman of the Executive, Dan Carbunaru, on Thursday, in a press conference at Victoria Palace of Government.He added that according to the new Emergency Plan, there are three levels of crisis."An early warning one - if there is concrete, certain and reliable information that an event could occur that would significantly damage the gas supply situation and could trigger an alert or emergency level. The next level is the alert one if there is a gas supply disruption or an exceptionally high gas demand that could significantly affect the gas supply situation, but the market is still capable of handling this disruption or the respective demand without the need for measures that are not based on the functioning of the market. And the third level, the level of urgency that arises in the event of an exceptionally high demand or a significant disruption in the gas supply or other damage of the gas supply situation and all relevant market measures have already been implemented, but gas supply is insufficient to meet the demand that has remained uncovered, so we need new measures that are not based on the market, especially in order to guarantee the supply of gas to protected customers," said Carbunaru.He explained that in case of alert, early warning or emergency, the Ministry of Energy is the one taking over the management of the crisis and is responsible for the implementation of the measures provided in this plan."The regional dimension of this plan is part of the regional cooperation coordinates that the countries of the at-risk groups of which Romania is a part, namely Trans-Balkan and Ukraine, so that the specifications of the national measures on the security of gas supply are compatible with those adopted at the level of the group. (...) This plan meets the requirements in accordance with the provisions of the European Union Regulation 2017/1938, but, of course, it is also harmonized with the national legislation in force," Carbunaru also stated.
Deputy prime minister Oana Gheorghiu will lead a working group tasked with reforming Romania's loss-making state-owned companies, prime minister Ilie Bolojan said in an interview with ProTV, as reported by G4media.ro. Her predecessor, Dragos Anastasiu,
Romanian prime minister Ilie Bolojan, on November 19, in an interview given to ProTV and quoted by Hotnews.ro, explained that the pension-wage cumulation ban will apply only to the so-called special pensions, namely those not based on past contributions, as opposed to all pensions as implied by Social Democrat (PSD) labour...
Statements by Romanian prime minister Ilie Bolojan about cutting by 10% the total personnel budget for all ministers and other similar contracting units, as opposed to only the central administration of the respective bodies, prompted on November 19 a radical reaction from the Social Democratic Party (PSD) and trade unions in the public sector. No […]
Romania’s Ministry of Labour unveiled for public consultations the revised law on magistrates’ pensions, and the government, in a press release, expressed its hope that the approval process, including by the Superior Council of Magistracy (CSM), will proceed expeditiously. However, CSM vice president Claudu Sandu has already publicly rejected the law as insufficient. The bill is […]
PPC, the largest power supplier in Greece, also active in Romania with distribution, production, and supply operations after it took over Enel's operations in the country, announced at the Capital Markets Day event investment plans worth EUR 3 billion over the next three years in Romania, according to Economica.net....
The Romanian authorities will prepare framework legislation aimed at smoothing the sale of Lukoil's assets, including Petrotel refinery, according to Digi24, citing sources familiar with the negotiations. Initially, minister of energy Bogdan Ivan said Romania must take...
