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TAP Pipeline Completes Capacity Expansion, Enhancing European Gas Supply

The Trans-Adriatic Pipeline (TAP) has achieved a significant milestone by completing the first phase of its capacity expansion program, which adds 1.2 billion cubic...

Albania: Albanian subsidiary of TAP pipeline posts €76.9 million profit in 2023

The Albanian subsidiary of the Trans-Adriatic Pipeline (TAP), a key player in natural gas transportation, reported a net profit of €76.9 million for 2023....

Albania: TAP technical evaluation contract awarded

The Albanian Gas Service Company has awarded technical evaluation provider Tech Inspect a 405,000 euro contract for the assessment of the natural gas Trans...

SEE region: EBRD to provide 98.6 million euro credit for gas supply to North Macedonia and Serbia via TAP

The European Bank for Reconstruction and Development (EBRD) is planning to grant EUR 98.6 million to North Macedonia's state-owned company NOMAGAS to diversify natural...

Bulgaria: 82% of IGB capacity booked

ICGB, the independent transmission system operator of the Greece-Bulgaria gas interconnection, announced after the quarterly auctions for the 2023-2024 gas year that over 82%...

Latest news

Serbia power prices fall as regional market gaps widen

Serbian day-ahead electricity prices fell for delivery on 2 October, moving against increases recorded in most neighbouring markets. The decline widened Serbia’s price discount...

Serbia: SEEPEX hits record September trading volume as electricity prices increase

Serbia’s SEEPEX day-ahead electricity market recorded its highest-ever monthly trading volume in September, while average electricity prices increased compared with August. Trading turnover reached 579,406.3...

MOL-NIS majority stake talks in Serbia unresolved as October deadline nears

A potential MOL acquisition of a majority stake in Serbia’s NIS remains unresolved as an October deadline approaches, even after a new US authorisation...

NIS US licence extension to 30 October supports Pančevo refinery output

Serbia’s NIS has received a further US licence extension that allows operations to continue through 30 October. The extension provides additional operating certainty for...

Romania extends 25% diesel excise reduction through 15 October

Romania has extended its 25% excise-duty reduction on standard diesel through 15 October. The measure is set to continue into October after being previously...