KMGI extended a 360 mln. USD credit line by 2021
The KMG International Group (KMGI) has amended and extended its USD 360 million multicurrency revolving credit facility on Friday, 20…
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Import-Export
Greece accepts Snam-led consortium’s offer for gas grid DESFA, Romania’s Transgaz loses bid
Greece has accepted a 535 million euro offer from a consortium led by Italy’s Snam for a majority stake in…
MOL’s shareholders approve worth of HUF 94 bln. dividends
MOL held its Annual General Meeting in Budapest, which accepted the Board’s proposal for the distribution of profits through a…
Naftogaz to go after Gazprom’s assets in Europe
Ukraine’s state-owned energy firm Naftogaz will go to court to try to seize Gazprom’s assets in Europe after the Russian…
Gazprom set to gain EU antitrust approval with concessions
The European Union and Gazprom are poised to settle a long-running antitrust case after the Russian gas company agreed to…
Gazprom refuses to resume gas supplies, pay $2.6 bln. compensation to Ukraine
Russian gas monopoly Gazprom has refused to abide by a Stockholm arbitration court ruling that it pay Ukraine $2.6 billion…
Natural gas trading obligations on centralized markets in Europe (a Deloitte analysis)
Romania is one of the three European states with obligations related to centralized trade of natural gas. In Europe, the…
Kazakh KMG sees sale of stake in KMGI to CEFC by end-June
KazMunaiGas’s deal to sell 51 percent of its Romanian business KMGI to China’s CEFC is still going ahead but has…
Romgaz: Investments of 1.6 billion lei in 2018 and diversification plans in CNG, renewable and petrochemicals
Romgaz estimates for this year an operating profit of 4.57 billion lei, down 8.1% from the preliminary value of the…
Federica Mogherini asks Gazprom to respect its Ukrainian contracts
EU diplomatic chief Federica Mogherini called on Russia’s natural gas giant Gazprom to fulfill its contractual obligations and resume shipments…
The story of the sole frost episode of this Winter; some numbers from Transgaz and 5 questions
Several days of frost have revealed the lack of flexibility of the national gas system, not enough prepared to cope…
Naftogaz gets notice from Gazprom about intention to terminate contracts
NJSC Naftogaz of Ukraine has received a notice from Russia’s Gazprom about its intention to terminate gas contracts. Naftogaz Chief…
Gazprom to raise South Stream Serbia capital by 15 mln. euro
Russia’s Gazprom said on Monday its board of directors has approved the subscription of a 15.46 million euro ($19.2 million)…
