{"id":77685,"date":"2018-05-15T12:50:00","date_gmt":"2018-05-15T09:50:00","guid":{"rendered":"http:\/\/devrri.freshlemon.ro\/news-and-current-affairs\/newsflash\/profits-for-romanian-energy-companies-77685.html"},"modified":"2024-02-16T09:56:41","modified_gmt":"2024-02-16T07:56:41","slug":"profits-for-romanian-energy-companies","status":"publish","type":"post","link":"https:\/\/www.rri.ro\/en\/news-and-current-affairs\/today-in-the-news\/profits-for-romanian-energy-companies-id77685.html","title":{"rendered":"Profits for Romanian energy companies"},"content":{"rendered":"<\/p>\n<p>The Romanian national energy system is solid&#13;<br \/>\nand viable, Energy Minister Anton Anton on Monday assured the Chamber of&#13;<br \/>\nDeputies of Romania&#8217;s Parliament. He had been invited by the opposition Save&#13;<br \/>\nRomania Union to take the floor during Government Hour to clear up some&#13;<br \/>\nproblems which in this party&#8217;s opinion are a threat to Romania&#8217;s energy&#13;<br \/>\nsecurity. <\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>The Minister said that the national energy&#13;<br \/>\nstrategy for the 2018-2020 period is aimed at developing the sector by&#13;<br \/>\nbuilding more facilities and upgrading the existing ones in terms of transport&#13;<br \/>\nand distribution. In his view, the country&#8217;s energy grid is capable of providing&#13;<br \/>\nenergy security for domestic and industrial consumers, as well as for the&#13;<br \/>\nstates in the region. Anton Anton went on to say that at present, Romania was a&#13;<br \/>\nregional pole of energy security, boasting large resources. He pointed out that&#13;<br \/>\naction was being taken for the growth of the energy sector through the building&#13;<br \/>\nof more facilities and the streamlining of the existing ones and through&#13;<br \/>\ninvestments in the field. Anton Anton:<\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>For the first time since it was established,&#13;<br \/>\nthe company Oltenia last year had a profit of about 200 million lei.&#13;<br \/>\nHidroelectrica had a profit of 1.6 billion lei. Nuclearelectrica had a profit&#13;<br \/>\nof 340 million lei. Though it is still in insolvency, Elcen had a profit of 45&#13;<br \/>\nmillion lei. However, there are still problems we haven&#8217;t managed to solve, but&#13;<br \/>\nwe&#8217;re working on it, in the case of the Hunedoara Energy Complex (CEH) and the&#13;<br \/>\nNational Uranium Company (CNU).<\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>The MPs of the Save Romania Union were&#13;<br \/>\ndissatisfied with the Minister&#8217;s report. Deputy Cristina Pruna said the&#13;<br \/>\nMinister did not give an answer to questions about the Black Sea energy&#13;<br \/>\nresources, the lack of investments in state-owned companies, the situation of&#13;<br \/>\nthe Romanian mining sector and the deadlines of the Energy Strategy. Cristina&#13;<br \/>\nPruna:<\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>I must sadly note that you are avoiding the&#13;<br \/>\npoint at issue! Up to 90% of the profits went to the state budget to cover the&#13;<br \/>\nholes made by your government [a coalition of the Social-Democratic Party and&#13;<br \/>\nthe Alliance of Liberals and Democrats].<\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>At the end of the debates, Energy Minister Anton&#13;<br \/>\nAnton made it clear that the deadlines of the project on the gas conveyance&#13;<br \/>\nsystem along the Bulgaria-Romania-Hungary-Austria corridor were being observed.&#13;<br \/>\nThe 560 km-long gas pipeline, which is to enter Romania in the west and exit it&#13;<br \/>\nin the south, is estimated at around 560 million euros. The pipeline will&#13;<br \/>\nsupply Central Europe with gas and will also provide a two-way flow, which at&#13;<br \/>\nleast theoretically means competition and a lower price for end-users. The&#13;<br \/>\ndeadline of the first phase of the project is the end of 2019. <\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy Minister Anton Anton takes questions in Parliament as part of Government Hour.<\/p>\n","protected":false},"author":106,"featured_media":74116,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37738],"tags":[39327],"coauthors":[],"class_list":["post-77685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today-in-the-news","tag-energy-sector-romania"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Profits for Romanian energy companies - Radio Romania International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rri.ro\/en\/news-and-current-affairs\/today-in-the-news\/profits-for-romanian-energy-companies-id77685.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Profits for Romanian energy companies - 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