Page 14 - FSUOGM Week 43 2021

FSUOGM NEWS IN BRIEF FSUOGM

energy crisis in the region, as reported by the Moldovan system. It came under When it comes to the project of
Bloomberg. pressure after Gazprom cut supplies by construction of TE-TO Pancevo, it was said
30% as of October 1, apparently as part of that the action plan envisages finalisation
negotiations for another long-term contract. by the end of the year, when trial work is
Ukraine continues energy bundled firm capacity at the Iasi-Ungheni expected.
The operator said it was offering
“When it comes to gas supply, we
independence drive by interconnection point on the Hungary- are waiting for a new contract between
based RBP platform from October 20.
Srbijagas and Gazprom, negotiations are
selling two permits for daily, monthly and quarterly bases. underway and we understand the current
The capacity would be auctioned on
situation, but there will certainly be no
hydrocarbon production offered 55GWh/day (5.2mcm/day) of problems with supply,” Tyurdenev said.
For the day of October 21, Transgaz
The meeting also discussed the
and seeks to develop bundled exit capacity and 200MWh/day of development of Petrohemija after its
privatization, in accordance with new
unbundled capacity, according to ICIS.com.
biomethane in the country 1.5bn-cubic metre annual capacity. Moldova and the realisation of existing investment
The Iasi-Ungheni interconnector has a
technologies, cooperation on new projects
On October 20, the state energy giant proper consumes just over 1.1bn cubic projects in the Pancevo refinery, as well as
Naftogaz announced that Ukraine is metres while the power plant in Transnistria the issue of storing mandatory oil reserves.
seeking to become free of its reliance on burns some 1bn cubic metres alone. Overall, Serbia has officially started talks for
energy imports within five years. Domestic including the rest of natural gas used in the sale of petrochemicals producer HIP
gas production is key to this plan. On Transnistria, where industrial capacities are Petrohemija to oil and gas company
October 22 it was announced that the state located, Moldova imports nearly 3bn cubic NIS. “The government made appropriate
budget will receive almost UAH395mn metres of natural gas per year. decisions last week, and yesterday we
($15.1mn) from the sale of two special Last week, Moldovan regulator ANRE officially started negotiations with NIS
permits for hydrocarbon production. approved the new tariffs for import capacity as a potential strategic partner,” Dragan
The State Service of Geology and Subsoil for Vestmoldtransgaz. These are around Stevanovic, state secretary at the economy
has implemented two special permits for $10.00 per thousand cubic metres for ministry, said in a video file posted on the
the development of hydrocarbons valued capacity that enters the local transmission website of Tanjug news agency.
at UAH395mn at an electronic auction. system and $8.8 for capacity connecting the NIS placed the sole bid in a tender
The permits relate to plots located in the Moldovan distribution system. for a strategic partner in Petrohemija
Romensky district of the Sumy region, A Romania-based market source earlier this month. The strategic partner
Myrhorod and Poltava districts of Poltava quoted by ICIS.com said Moldova could intends to inject €150mn in the capital of
region. One of the permits was awarded buy natural gas from Romania but added Petrohemija, acquiring a stake of up to
to Ukrgazvydobuvannia for UAH304.6mn that market prices in the country were at 90% in the company's capital. “NIS has
($11.6mn). The second permit was awarded a significant premium over neighbouring already accepted the commitments in its
to Horizons for UAH 90mn ($3.4mn). Ukraine. offer, which is that in the next six years it
In addition to the sale of land for the The Romanian November product is will invest €150mn in Petrohemija's plant,
production of hydrocarbons, the Verkhovna currently trading on the BRM exchange at will build a polypropylene production plant
Rada has also passed a law aimed at RON459.3 (€92.54 per MWh). To compare, with a capacity of at least 140,000 tonnes
developing the production and export of the Ukrainian front-month product was per year and will keep the optimal number
biomethane and attracting investment, assessed by ICIS at €85.30 per MWh on of workers,” Stevanovic said.
another crucial area Ukraine needs to October 20.
exploit if it is to become free of relying on
gas imports. Biomethane is a gas whose Ukraine seeks to ramp up
physical and technical characteristics meet Serbia starts talks for sale
the requirements of natural gas for supply domestic gas production,
to the gas transmission system or use as of Petrohemija to Russia's
motor fuel. Due to this, Ukraine will be able finds foreign partners
to issue guarantees of origin for the amount NIS
of biomethane supplied to the GTSOU. The Ukrainian state energy giant Naftogaz plans
use of the biomethane register will allow Deputy Prime Minister and Minister of to nearly double its own gas production
export of the produced gas. Mining and Energy, Zorana Mihajlovic, to 24bn cubic metres over the next
talked on October 21 with Kiril Tyurdenev, decade. Ukraine’s onshore and offshore
General Director of NIS (Naftna industrija production costs range from $100 to
Romania’s grid operator Srbije), owned by Russia's Gazpromneft, $160 per 1,000 cubic metres. Currently,
about current and promising projects in
gas sells in the EU for about $1,000 per
offers border capacity with the field of energy and the privatisation of 1,000 cubic metres. January to September,
Ukrgazvydobuvannya, Naftogaz’ production
Petrohemija.
Moldova as of October 21 of the energy sector and that cooperation arm, saw its production fall by 5% year on
“We agreed that NIS is an important part
year to 10.2 bcm. The company's general
The Romanian gas grid operator is necessary in order for projects to be director, Yuriy Vitrenko, said: “Gross gas
Transgaz announced that it started offering implemented as efficiently as possible, production is 14 bcm. We expect to increase
border capacity to Moldova, which is because it is in the interest of our state and this production to 24 bcm in the next 10
struggling to secure natural gas to cover citizens. I am glad that NIS has a plan for years.”
rising demand, as of October 21. the next few years and that it is strategically To draw foreign capital and
Prior to this, Romanian authorities determined and expanding regionally,” said expertise, Naftogaz signed three
explained that Romania had provided so far Mihajlovic in a statement from the Ministry memoranda yesterday with foreign
limited amounts of gas only for balancing of Energy and Mining. companies for exploration partnerships

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