Romania is interested to import LNG (liquefied natural gas) from Israel via Egypt, to put to value all opportunities for the consolidation of our own energy security, according to the minister of energy, Virgil Popescu. ‘The strengthening of the bilateral relations between Romania and Israel, especially in the domain of energy, is an important objective to meet. These days, together with Cosmin Ghita – CEO SNN, Bogdan Badea – CEO Hidroelectrica, Aristotel Jude – CEO Romgaz and Razvan Popescu – CFO Romgaz we are paying a visit to Israel. We aim at cooperation on a large scale in the energy sector: gas, electricity, RES and other technologies.This morning we had a very good dialogue with the representatives of the company NewMed Energy, the company of the Delek group, which exploits the biggest offshore gas deposit in Israel. We told them that we are interested in the various sources of supply and we can import LNG from Israel via Egypt. We have to put to value all opportunities to strengthen the energy security of Romania’ wrote, on Monday on Facebook the minister of energy.
Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
