Gas Industry

Romania sees rise in electricity consumption amid drop in domestic production Read More »

Romania sees rise in electricity consumption amid drop in domestic production

Electricity consumption in Romania increased in the first quarter of 2025, according to data released by the National Institute for Statistics (INS). Total electricity consumption reached 13.08 TWh, marking a 1.3 percent rise compared to the same period in 2024. Industrial electricity consumption amounted to 9.82 TWh, a slight increase of 0.2 percent year-on-year. Household […]

Montenegro launches renewed tender for reconstruction of Bar oil storage facilities Read More »

Montenegro launches renewed tender for reconstruction of Bar oil storage facilities

Montenegro’s Ministry of Mining, Oil and Gas has issued a new tender for the reconstruction of state-owned oil storage facilities in the coastal city of Bar. The project, aimed at securing the country’s mandatory oil reserves, is estimated at 1.8 million euros and will be financed through European Union funds. The Bar storage site, with

Croatia: JANAF boosts renewable energy portfolio with new Vodjinci solar power plant Read More »

Croatia: JANAF boosts renewable energy portfolio with new Vodjinci solar power plant

The Croatian state-owned oil transportation company JANAF has successfully commissioned and connected its Vodjinci solar power plant to the national grid. With this new addition, JANAF now covers 86 percent of its electricity needs using its own renewable energy sources. The Vodjinci plant received its operational permit and was completed according to schedule. JANAF acquired

Croatia: Energy production and trade in March 2025 shows mixed trends Read More »

Croatia: Energy production and trade in March 2025 shows mixed trends

According to short-term energy statistics released by the Croatian Bureau of Statistics, Croatia’s net electricity production in March 2025 totaled 1,451 GWh. This represents a slight decrease of 0.4 percent compared to the same month last year, when production amounted to 1,457 GWh. Hydropower plants were the largest contributors to electricity generation, producing 739 GWh,

Bosnia and Herzegovina: HPP Višegrad set for major modernization project Read More »

Bosnia and Herzegovina: HPP Višegrad set for major modernization project

The subsidiary company Hidroelektrane na Drini, part of Elektroprivreda Republike Srpske (ERS), has initiated a public procurement process aimed at extending the operational lifespan and improving the efficiency of the Višegrad hydropower plant. The focus of the procurement is the development of a conceptual design and a feasibility study, with an estimated contract value of

Slovenia: Geoplin and Sonatrach extend natural gas supply agreement to strengthen energy partnership Read More »

Slovenia: Geoplin and Sonatrach extend natural gas supply agreement to strengthen energy partnership

Slovenian gas company Geoplin and Algeria’s Sonatrach have extended their natural gas supply agreement by two years. The renewed contract was signed during Algerian President Abdelmadjid Tebboune’s visit to Slovenia. Geoplin, part of the Petrol group, stated that the extension ensures a stable gas supply for Slovenia in the coming years. The deal guarantees uninterrupted

Region: Construction of Trans-Balkan Corridor’s third section to begin in mid-2025 Read More »

Region: Construction of Trans-Balkan Corridor’s third section to begin in mid-2025

Construction of the third section of the first phase of the Trans-Balkan Corridor is scheduled to begin in mid-2025. This phase will include building a segment of the route and transmission lines connecting Bajina Bašta, the Montenegrin border, and the Bosnian border. Serbia’s Minister of Mining and Energy, Dubravka Djedović, announced this during a meeting

Romania: Transelectrica posts 52% net profit increase in Q1 2025 driven by higher regulated tariffs and energy volumes Read More »

Romania: Transelectrica posts 52% net profit increase in Q1 2025 driven by higher regulated tariffs and energy volumes

Romanian electricity transmission system operator Transelectrica reported a net profit of approximately 32 million euros in the first quarter of 2025, marking a 52 percent increase compared to the same period last year. The segment related to activities generating allowed profit recorded a positive result of about 26 million euros in Q1 2025, up from

Romania: Hidroelectrica reports significant profit decline amid severe hydrological drought in Q1 2025 Read More »

Romania: Hidroelectrica reports significant profit decline amid severe hydrological drought in Q1 2025

Hidroelectrica reported a net profit of about 119 million euros for the first quarter of 2025, which represents a significant decrease of 56 percent compared to the same period last year. Although the company exceeded budget forecasts in both operational and financial terms, the results were weaker than those recorded in the first quarter of

Montenegro: Permonte selected for solar panel feasibility study along Bar-Boljare highway Read More »

Montenegro: Permonte selected for solar panel feasibility study along Bar-Boljare highway

Montenegro’s state-owned motorway operator, Monteput, has announced that the local company Permonte submitted the most favorable bid in the tender for conducting a technical and economic study on the use of solar panels along the planned Bar-Boljare motorway. This motorway, which will stretch 169 kilometers, is designed to connect Montenegro’s southern Adriatic coast with its

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