Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
Supported byClarion Energy
HomeSEE Energy NewsRomania: OMV Petrom...

Romania: OMV Petrom and BOTAS signed gas purchase agreement

OMV Petrom signed an agreement on the purchase of natural gas with Turkish pipeline operator BOTAS. The agreement is valid for 18 months and it envisages that BOTAS will supply up to 4 million cubic meters of gas per day to OMV Petrom.

An OMV Petrom official said that, through the contract, the company ensures access to a new source of natural gas for Romania and contributes to the consolidation of the country’s energy supply. In addition, the memorandum will enable the diversification of LNG access to Romania.

The gas is to be delivered outside Turkey, at the Malkoclar/Strandja point. At the same time, the two companies will expand their cooperation through a Memorandum of Understanding in the field of LNG.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Brent oil, TTF gas and CO2 prices decline in late June amid easing Middle East tensions

During the fourth week of June, Brent crude oil futures prices experienced a decline. On Monday, June 23, the price settled at $71.48 per barrel, already 7.2% lower than the last session of the previous week. Prices continued to...

Europe: Electricity prices fall in late June amid lower gas costs and high renewables

In the fourth week of June, average electricity prices declined across most major European markets compared to the previous week. The United Kingdom’s N2EX market experienced the largest drop, falling by 28%. Other markets saw decreases ranging from 1.3%...

Europe: Electricity demand rises in most markets amid seasonal shifts and holidays

During the week of June 23, electricity demand rose across most major European markets compared to the previous week. Germany and Italy saw the largest increases, with demand growing by 8.2% and 8.1% respectively. France experienced the smallest increase...
Supported byVirtu Energy
error: Content is protected !!