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Tag Archives: reserves

ExxonMobil and OMV Petrom will extract 6 billion cubic meters of gas per year from the Black Sea, ANRM official says

ExxonMobil and OMV Petrom will extract 6 billion cubic meters of gas from the Neptun block in the Black Sea as of 2020-2021 and Romania will produce a total of 18-20 billion cubic meters of gas if all the projects ...

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Update: Finance Ministry’s foreign currency reserve – EUR 6.3bn. Estimated budget deficit in 2017 – 3.25pc of GDP

The foreign currency reserve of the Ministry of Public Finance (MFP) is about EUR 6.3 billion and is made available to the State Treasury for prudential purposes, in order to limit the risk of refinancing, a press release informs on ...

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Romgaz revised down profit estimates for 2015 to RON 1.34 bn

Natural gas producer Romgaz (SNG) will end this year with a gross profit of RON 1.345 billion, according to the rectified budget of revenues and expenditures, down compared to the estimated gross profit in the initial version of the budget, ...

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Three-year gas forecast: steady imports, production – slightly up

Energy balance prognosis published by the Romania’s Commission for Economic Forecasting (CNP) shows that natural gas imports will remain constants over the next three years, while the production will grow by 1.1 percent – 2.8 percent. More specifically, the gas imports ...

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Egypt continues to buy Romanian wheat. This time – 120,000 tonnes

Egypt’s state grain buyer, the General Authority for Supply Commodities (GASC), said on Friday it had bought 180,000 tonnes of Romanian and Russian wheat in a tender for July 11-20 shipment. According to gasc.gov.eg, the world’s biggest importer of wheat ...

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