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Juncker Says Issues on South Stream not Insurmountable

Juncker Says Issues on South Stream not Insurmountable

The legal issues on the implementation of the South Stream gas pipeline project are not insurmountable, the president of the European Commission, Jean-Claude Juncker, said on Thursday

Romania to Keep Gas Prices for Households Flat by Mid-2015

Romania to Keep Gas Prices for Households Flat by Mid-2015

Romania will maintain natural gas prices for households unchanged by the end of June and will draft a new calendar for liberalisation of prices in the 2015-2021 period, the state energy department said

Cyprus Eases Money Transfer Restrictions Abroad

Cyprus Eases Money Transfer Restrictions Abroad

Cyprus has further eased remaining limits on taking money out of the country from domestic banks by doubling the amount businesses can transfer abroad for any transaction without prior Central Bank approval to 2 million euros

Nordex Receives Wind Turbine Supply Order From Turkeys Kale Enerji

Nordex Receives Wind Turbine Supply Order From Turkey's Kale Enerji

German wind turbine manufacturer Nordex said on Wednesday it has received an order to supply nine units of its N117/2400 wind turbines to Turkish independent power producer Kale Enerji for a wind project in southeastern Turkey

Karasin: It Is Damaging To Do Things Contrary To Russian Positions

Karasin: It Is Damaging To Do Things Contrary To Russian Positions

“It is rewarding to do things in Europe with Russia, it is a bit difficult to do things without Russia, but it is damaging to do things contrary to the position of Russia”, according to Russia's Deputy Foreign Minister, Grigori Karasin

Ukraine Says No Danger From Nuclear Plant Incident

Ukraine Says No Danger From Nuclear Plant Incident

Ukraine's energy minister said Wednesday that a technical fault at anuclearpower plant in the south of the country has cut power production but he insisted the incident poses no danger

Romania Plans to Build 230 Mln Euro Gas Pipeline

Romania Plans to Build 230 Mln Euro Gas Pipeline

Romania plans tobuilda 230 million euro ($286 million)pipeline that will carrynatural gas from the Black Sea to Podisor village in the southern county of Giurgiu, local media reported on Tuesday

Putin Scraps South Stream - Turkey Greece New Destinations

Putin Scraps South Stream - Turkey Greece New Destinations

Following opposition from the European Commission, Russian President Vladimir Putin said on December 1 that Moscow is scrapping the multi-billion dollar South Stream gas pipeline and will increase gas supplies to Turkey across the existing pipeline

Ukraine Gets Loan to Modernize Gas Pipelines

Ukraine Gets Loan to Modernize Gas Pipelines

Ukraine landed a 150 million euro ($187 million) loan on Monday to modernize its section of the pipeline used to deliver natural gas from Russia to Europe