Energy

The new terms for a five-year residence permit for foreign investors in Greece (known as Golden Visa) will kick in on March 31, raising the required investment total to 250,000-800,000 euros, depending on the area and property characteristics.

Energoinvest announced that due to the regular quarterly price reconciliation, Gazprom corrected the price of natural gas for the first quarter of 2024, which increased the purchase price of gas.

The electricity export value from Bosnia and Herzegovina this year will exceed one billion KM, said Edhem Bičakčić, president of the Regional CIGRE (SEERC) and an honorary member of the International CIGRE at the session of the Board of Directors of the Bosnia and Herzegovina Committee of the International Council on Large Electrical Systems (BHK CIGRE).

- Imports of coal surges by 64.9% while crude oil imports and natural gas imports increase by 12.1% and 8.5%, respectively

Agency predicts global oil demand will reach 101.7 million barrels per day (bpd) in 2023 and 102.78 million bpd in 2024

The Eastern Partnership countries should focus on the revival of energy cooperation, improvement in communication networks, development of the security component, and implementation of regional projects.

Romania will contribute decisively to the energy security of the Republic of Moldova and integration into the European energy market, minister of energy Sebastian Burduja said on Monday on the occasion of the signing of the Memorandum of Understanding between the Government of Romania and the Government of the Republic of Moldova on implementing the projects necessary for the interconnection of natural gas and electricity networks.

Unit 1 of the CNE Cernavoda nuclear-power plant was resynchronised to Romania's electricity grid on Sunday and on Monday it is scheduled to operate at nominal power, according to the Energy Ministry.

The Krško nuclear power station will be shut down as a precaution on Thursday after increased leakage was detected in the primary system. The leak does not have an impact on employees or the environment and is within safe limits.

The optimal transition of the energy sector is one of the key topics that will be discussed by the participants of the Sarajevo Energy and Climate Week (SECW), which is organized by the Chamber of Commerce of the Federation of BiH, in cooperation with partners.

The Tuzla-Podisor gas pipeline is a strategic objective and will contribute significantly to increasing the security of Romania's natural gas supply, Deputy Prime Minister Marian Neacsu said.