Romania asks ECs support for extension of mine closure term by over 10 years


Get real time updates directly on you device, subscribe now.

Following the discussions with the representatives of European Commission (EC) – International Monetary Fund (IMF) delegation on Thursday in Bucharest, the Romanian Ministry of Energy headed by Andrei Gerea called for support to extend the deadline for closing the mines, from 2018-2030.

“The desire of all is to maintain the activity, to keep mining in Jiu Valley. (…) The most important thing that was asked was to get support for the extension of the mine closure only if needed. (…) It is in the European regulation. For example, when a state aid for mining activity is requested, then you must enter that mine into a closure program and, under these circumstances, in 2018, at least from our point of view, it’s not an acceptable timeframe”, energy minister explained, informs.

‘We will support the undertaking as much as we can’ was IMF delegation response.

“Further on, we must keep our agreed schedule, to purchase CO2 certificates and, also, to undertake the other absolutely necessary steps at the Commission level,” Gerea also said.

This April, the European Commission has agreed on a temporary EUR 38m aid to be granted by the government to save the Hunedoara Energy Complex (CEH), held by the Romanian Energy Ministry.

CEH, located in Petrosani, Hunedoara County, holds 5 percent market share of the domestic energy production and 6,500 employees.

- Advertisement -

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More