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HomeWeekly Top 5Top 5 stories of the week: 28 July – 4 August

Top 5 stories of the week: 28 July – 4 August

1. Romania set to become largest gas producer in the EU after the launch of the Neptun Deep project

The Neptune Deep gas field in the Black Sea will contribute to the energy security of Romania and the region and is estimated to boost state budget revenues by approximately 20 billion euros, stated Christina Verchere, CEO of OMV Petrom. And new developments are ahead. Read the full story here.

2. SMRs will help in Poland’s transition, but it may take a while

The topic of Small Modular Reactors (SMRs) has been a matter of public interest in Poland and in the CEE region for the past two years. In our latest op-ed, Adam Juszczak, Advisor in the climate and energy team of the Polish Economic Institute shared with us his views on the development of Small Modular Reactors in Poland, from the most promising applications to the main barriers. Read the full voice here.

3. OMV signs 10-year LNG supply agreement with bp

OMV signed a long-term sale and purchase agreement with bp covering the supply of up to 1 million tonnes of LNG annually for ten years from 2026. Under the terms of the agreement, bp will provide OMV with LNG which will be received and re-gasified through the Gate LNG Terminal in Rotterdam, the Netherlands, where OMV holds regasification capacity, or other terminals in Europe. Read the full story here.

4. MET Group expands into the German renewables market

MET Group completed the purchase of a 100 per cent stake in the Kentzlin photovoltaic project, developed by project developer Emeren Germany. Read the full story here.

5. Albania announces results of first onshore wind auction

The Albanian government has announced the results of the country’s first utility-scale bidder-selected site auction for onshore wind capacities. Read the full story here.

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