Energy News in Southeast Europe two issues per …Energy News in Southeast Europe two issues per...

Energy News in Southeast Europetwo issues per month № 2010-IV/1 •17.04.2010

Actual data » Power sector operational and market data for the period of

1.4.-15.4.2010 » Forecasted weather conditions for the following period

§ § §

Analysis:

» New generation projects in Bosnia and Herzegovina

§ § §

News headlines

Region » Zarubezneft interested in lease of oil terminals in Croatia » Gazprom: South stream pipeline will not be built across

Romania » CEZ to give up expansion in Balkans

Albania » New Hydro Power Plants

Bosnia and Herzegovina: » TPP Gacko started annual overhaul » EP BiH to install remote electricity metering systems in the

next 15 years » EP BiH: record output of HPPs on Neretva River » ERS posted 72 million euros of income from electricity

export in 2009 » ERS looking for strategic partner for Miljevina coalmine » RWE interested in construction of HPPs on Drina River

All rights reserved by Balkan Energy Solutions Team. No part of this pub-lication may be reproduced, redistributed, or in any other way copied as a whole or partially without written permission of Balkan Energy Solu-tions Team. This includes internal distribution.

Balkan Energy Solutions Team does not warranty the accuracy of the published data contained in this document, although Balkan Energy Solutions Team did great efforts to collect the data from the respectable and accurate sources.

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Main focus of Balkan Energy NEWS is energy related news from coun-tries of South East Europe. Countries involved are: Albania, Bulgaria, Bosnia and Herzegovina, Croatia, Greece, FYR Macedonia, Montene-gro, Romania, and Serbia. Besides all regional energy related news, we are giving you in each issue one market analysis and review of the tenders announced and held in this area. You will be also able to see review of relevant power exchanges.

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Issue No: 2007-III/1Balkan Energy NEWS, e-journal Issue No: 2010-IV/1 - issue covers period 1.4.2010-15.4.2010

Bulgaria: » Government to make audits in privatized electricity

distributors » Government to dismantle BEH by June » Westinghouse interested in construction of unit 7 in NPP

Kozloduy » Energy minister: construction of NPP Belene could start

next year » Feed-in tariffs increased by 1.96 % starting from April 1 » Lukoil to invest 1 billion dollars in Burgas refinery

Croatia: » Revised data: INA posted 54.2 million euros loss in 2009 » Government set priority projects in electricity sector » EVN to sign another 30-year concession for natural gas

network in Dalmatia » 20 % increase in natural gas prices for industry » INA sold subsidiary Crobenz » Government: Plinacro and HEP to acquire 11 % stake in

Adria LNG consortium » Government approved 14.4 million euros loans to HEP » New chair of INA appointed

Greece » New wind farm

Macedonia » EVN – ELEM dispute not solved yet » MEPSO to reconstruct its dispatch center » 3 companies won a tender for gasification project

development » Construction of wind park could start this year

Montenegro: » EPCG and NTE to establish joint venture Zeta Energy » Construction of wind farms to start next year » European Commission to provide help for construction of

HPPs on Moraca River » Parliament ended debate on Energy and Energy efficiency

laws

Romania: » Wind farm project in Cogelac halted by local officials » Petrom to become electricity producer in 2011 » Termoelectrica posted 71 million euros loss in 2009 » Hidroelectrica and Alro Slatina signed electricity supply

agreement until 2018 » MoU for construction of natural gas infrastructure with

Georgia and Azerbaijan » Petrom to build wind farm in Dobrogea County » Siemens mulls construction of offshore wind farms

Serbia: » 180 million euros to be invested in Kolubara in 2010 » Srbijagas: Gazprom to start pumping natural gas into

Banatski Dvor in mid May » Prime minister: liberalization of oil market in 2011 » Comico oil still waits for approval for construction of oil

refinery

§ § §

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Power exchanges data:

Bosnia and Herzegovina: Electricity production in last 15 days (MWh)

Bosnia and Herzegovina: Electricity consumption in last 15 days (MWh)

Bosnia and Herzegovina: Electricity expots in last 15 days (MWh)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 1440 1327 1291 1292 1295 1357 1601 1826 2150 2181 2178 2166 2174 2175 2198 2183 2174 2152 2130 2291 2294 2230 1857 16362.4.2010 1458 1349 1313 1307 1312 1335 1495 1802 2003 2111 2108 2089 2091 2101 2127 2107 2112 2079 2100 2285 2300 2241 2013 17713.4.2010 1443 1345 1319 1306 1310 1338 1488 1799 1993 2079 2098 2065 2058 2046 2060 2056 2041 2016 2036 2187 2301 2222 1971 18094.4.2010 1499 1359 1301 1287 1283 1299 1338 1519 1825 1897 1906 1909 1867 1838 1791 1755 1738 1766 1856 2051 2059 1968 1802 16275.4.2010 1400 1304 1282 1260 1252 1313 1441 1654 1852 1911 1887 1890 1883 1849 1851 1841 1840 1907 1933 1998 1991 1936 1772 15986.4.2010 1372 1251 1223 1221 1223 1277 1499 1743 1913 1928 1936 1953 1910 1887 1923 1898 1845 1823 1839 1948 2020 1941 1779 15957.4.2010 1216 1097 1066 1068 1076 1111 1333 1674 1773 1826 1851 1821 1810 1760 1796 1799 1787 1745 1744 1886 1995 1942 1736 15448.4.2010 1431 1370 1317 1304 1306 1378 1590 1832 1942 1966 1935 1873 1802 1875 1893 1879 1851 1799 1807 1974 2229 2135 1925 17469.4.2010 1441 1351 1304 1287 1290 1358 1560 1768 1893 1928 1883 1848 1841 1832 1879 1829 1826 1810 1821 2087 2165 2092 1920 160810.4.2010 1392 1311 1278 1287 1289 1299 1419 1571 1747 1833 1834 1835 1837 2012 2035 2017 2002 1964 1996 2094 2123 2074 1897 177111.4.2010 1429 1343 1313 1288 1282 1283 1498 1610 1814 1943 1988 1997 1998 1988 1970 1959 1937 1978 2003 2131 2185 2105 1928 173812.4.2010 1381 1306 1247 1247 1253 1328 1501 1724 1914 2000 2006 2007 2067 2073 2085 2075 2060 2035 2066 2173 2188 2123 1947 178313.4.2010 1472 1354 1330 1326 1322 1362 1700 1940 2051 2099 2086 2064 2064 2058 2075 2055 2042 2034 2104 2190 2235 2081 1897 174414.4.2010 1545 1430 1421 1391 1384 1438 1589 1838 1947 1995 1977 1964 1939 1925 1948 1946 1909 1873 1889 1992 2063 2014 1848 166215.4.2010 1571 1449 1420 1427 1418 1455 1616 1873 1996 2027 2010 1981 1935 1929 1947 1924 1908 1875 1871 1998 2081 2054 1838 1676Average: 1433 1330 1295 1287 1286 1329 1511 1745 1921 1982 1979 1964 1952 1957 1972 1955 1938 1924 1946 2086 2149 2077 1875 1687

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 1075 972 948 920 923 1002 1142 1344 1451 1475 1435 1419 1422 1420 1445 1428 1409 1373 1353 1560 1674 1583 1433 12632.4.2010 1113 1012 942 931 932 983 1072 1247 1381 1444 1434 1433 1421 1425 1440 1421 1414 1372 1388 1548 1617 1531 1393 12473.4.2010 1125 1017 974 940 952 994 1073 1287 1428 1515 1504 1478 1457 1458 1475 1467 1428 1403 1429 1624 1748 1652 1488 13144.4.2010 1157 1026 962 945 940 959 985 1153 1337 1399 1384 1348 1282 1247 1209 1190 1186 1224 1288 1477 1552 1460 1309 11545.4.2010 1045 956 917 896 905 954 1052 1221 1352 1405 1357 1384 1380 1366 1422 1398 1391 1378 1413 1538 1581 1504 1356 12326.4.2010 1103 1021 970 957 969 1031 1172 1398 1518 1571 1552 1551 1537 1512 1525 1503 1460 1419 1434 1573 1676 1580 1429 12777.4.2010 1140 1050 986 965 981 1036 1163 1382 1458 1491 1465 1442 1425 1372 1439 1419 1406 1349 1360 1521 1651 1587 1419 12738.4.2010 1130 1042 994 974 973 1061 1197 1415 1522 1532 1494 1430 1323 1429 1439 1423 1394 1344 1354 1521 1691 1600 1425 12829.4.2010 1125 1016 966 957 963 1035 1171 1386 1474 1499 1445 1423 1400 1384 1422 1394 1386 1357 1370 1522 1629 1534 1386 124610.4.2010 1105 1016 959 939 956 992 1063 1249 1389 1464 1475 1490 1489 1478 1492 1468 1447 1416 1460 1561 1635 1553 1396 126611.4.2010 1134 1040 985 960 957 968 1003 1151 1333 1467 1506 1510 1511 1495 1462 1430 1417 1455 1466 1586 1660 1591 1423 124812.4.2010 1101 1024 981 977 981 1052 1200 1407 1534 1591 1596 1596 1573 1561 1593 1571 1544 1519 1556 1658 1716 1630 1453 132013.4.2010 1159 1064 1031 1018 1017 1076 1228 1445 1535 1580 1574 1555 1547 1524 1559 1534 1524 1513 1508 1622 1688 1615 1444 129814.4.2010 1157 1053 1011 1001 996 1070 1231 1422 1509 1553 1549 1540 1496 1480 1517 1486 1451 1418 1427 1543 1672 1603 1456 129415.4.2010 1142 1035 989 990 988 1045 1208 1417 1513 1552 1516 1493 1452 1443 1479 1443 1419 1374 1399 1525 1667 1603 1418 1270Average: 1121 1023 974 958 962 1017 1131 1328 1449 1503 1486 1473 1448 1440 1461 1438 1418 1394 1414 1559 1657 1575 1415 1266

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 365 355 343 372 372 355 459 482 699 706 743 747 752 755 753 755 765 779 777 731 620 647 424 3732.4.2010 345 337 371 376 380 352 423 555 622 667 674 656 670 676 687 686 698 707 712 737 683 710 620 5243.4.2010 318 328 345 366 358 344 415 512 565 564 594 587 601 588 585 589 613 613 607 563 553 570 483 4954.4.2010 342 333 339 342 343 340 353 366 488 498 522 561 585 591 582 565 552 542 568 574 507 508 493 4735.4.2010 355 348 365 364 347 359 389 433 500 506 530 506 503 483 429 443 449 529 520 460 410 432 416 3666.4.2010 269 230 253 264 254 246 327 345 395 357 384 402 373 375 398 395 385 404 405 375 344 361 350 3187.4.2010 76 47 80 103 95 75 170 292 315 335 386 379 385 388 357 380 381 396 384 365 344 355 317 2718.4.2010 301 328 323 330 333 317 393 417 420 434 441 443 479 446 454 456 457 455 453 453 538 535 500 4649.4.2010 316 335 338 330 327 323 389 382 419 429 438 425 441 448 457 435 440 453 451 565 536 558 534 36210.4.2010 287 295 319 348 333 307 356 322 358 369 359 345 348 534 543 549 555 548 536 533 488 521 501 50511.4.2010 295 303 328 328 325 315 495 459 481 476 482 487 487 493 508 529 520 523 537 545 525 514 505 49012.4.2010 280 282 266 270 272 276 301 317 380 409 410 411 494 512 492 504 516 516 510 515 472 493 494 46313.4.2010 313 290 299 308 305 286 472 495 516 519 512 509 517 534 516 521 518 521 596 568 547 466 453 44614.4.2010 388 377 410 390 388 368 358 416 438 442 428 424 443 445 431 460 458 455 462 449 391 411 392 36815.4.2010 429 414 431 437 430 410 408 456 483 475 494 488 483 486 468 481 489 501 472 473 414 451 420 406Average: 312 307 321 329 324 312 381 417 472 479 493 491 504 517 511 517 520 529 533 527 491 502 460 422

Bosnia and Herzegovina: Average consumption and production in last 15 days

0

500

1000

1500

2000

2500

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Hour

MW

h

Production

Consumption

Bosnia and Herzegovina: Average hourly export in last 15 days

0

100

200

300

400

500

600

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Hour

MW

h

6


Romania: Electricity consumption in last 15 days (MWh)

Romania: Electricity net export in last 15 days (MWh)

Montenegro: Electricity export in last 15 days (MWh)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 5511 5282 5188 5195 5224 5405 5744 6273 6568 6695 6724 6646 6597 6599 6456 6264 6149 6126 6175 6469 7219 7209 6548 59162.4.2010 5489 5263 5149 5129 5129 5227 5491 5886 6195 6311 6262 6194 6138 6080 5927 5763 5665 5636 5655 5976 6745 6892 6304 56793.4.2010 5390 5072 4875 4826 4837 4876 4805 4955 5180 5295 5344 5344 5314 5246 5126 5067 5047 5047 5096 5439 6217 6514 6149 56374.4.20105.4.2010 4578 4402 4267 4211 4180 4229 4149 4226 4523 4722 4771 4742 4622 4592 4523 4424 4424 4424 4493 4819 5514 5708 5364 49716.4.2010 4775 4578 4428 4378 4428 4596 4742 5210 5597 5837 5882 5861 5861 5881 5803 5739 5591 5541 5590 5829 6362 6462 5970 54567.4.2010 5254 5008 4858 4810 4858 4958 5251 5929 6414 6662 6710 6661 6611 6612 6511 6383 6269 6177 6171 6321 6877 7006 6482 58478.4.2010 5541 5348 5230 5187 5221 5297 5512 5918 6363 6532 6561 6461 6413 6443 6243 6050 5978 5964 5933 6138 6728 6937 6464 58819.4.2010 5349 5155 5041 5016 5041 5185 5396 5756 6117 6195 6165 6065 5946 5867 5769 5664 5619 5623 5659 5907 6561 6711 6339 576910.4.2010 5476 5231 5101 5052 5052 5081 5045 5168 5472 5686 5754 5758 5687 5613 5537 5491 5493 5492 5550 5814 6389 6568 6172 566711.4.2010 5276 5023 4919 4842 4813 4892 4771 4750 4988 5136 5165 5134 5115 5085 5016 5007 5007 5016 5084 5362 6072 6179 5787 535712.4.2010 4973 4753 4655 4635 4689 4879 5254 5887 6341 6557 6545 6500 6501 6500 6454 6309 6160 6058 6056 6302 6841 6921 6455 586813.4.2010 5372 5094 4945 4925 4945 5142 5475 5963 6336 6477 6447 6451 6434 6447 6349 6155 6006 6006 5956 6155 6776 6839 6380 583014.4.2010 5327 5129 5031 5014 5043 5223 5568 6137 6498 6625 6626 6578 6548 6571 6433 6308 6200 6181 6199 6371 6872 6921 6447 586215.4.2010 5476 5283 5164 5136 5154 5276 5618 6251 6592 6711 6683 6584 6584 6584 6489 6353 6210 6164 6191 6352 7028 7127 6614 5904Average: 5271 5044 4918 4883 4901 5019 5202 5593 5942 6103 6117 6070 6026 6009 5903 5784 5701 5675 5701 5947 6586 6714 6248 5689

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 -29 -29 -41 -41 -45 -43 6 0 -22 -20 -19 -17 -17 -17 -15 -13 -12 -14 -7 -24 -13 -8 -19 -132.4.2010 -30 -34 -45 -74 -78 -58 -15 -76 -59 -32 -27 -44 -24 -23 -16 4 6 -1 -24 -112 -33 -28 -81 -683.4.2010 25 27 16 1 0 24 1 5 -2 -3 -3 -2 -1 0 18 18 17 9 33 24 42 40 12 204.4.20105.4.2010 52 44 3 -1 0 13 40 28 29 27 22 51 59 71 69 57 63 57 46 37 36 34 -6 -56.4.2010 -20 -27 -27 -43 -44 -19 92 100 108 109 112 112 110 111 106 106 106 104 112 102 99 95 58 607.4.2010 89 86 81 86 62 106 131 55 63 85 45 46 44 45 81 90 91 61 36 3 12 16 50 268.4.2010 45 35 8 22 8 42 67 -11 -67 -16 -15 -12 -45 -12 30 29 28 21 35 -87 -3 7 22 79.4.2010 -4 -24 -11 -3 -4 0 18 -38 1 -4 7 25 21 23 31 36 38 34 47 2 13 4 -24 -3110.4.2010 -6 18 38 26 25 49 -37 -29 -20 -18 -17 5 4 4 5 5 4 1 12 -106 -46 1 -53 -4511.4.2010 -13 -33 -27 -47 -52 -7 -102 21 18 20 23 25 25 25 26 26 25 21 17 2 8 7 -44 -4612.4.2010 -47 -47 -26 -38 -39 15 40 36 103 90 90 91 88 89 87 86 90 85 61 21 35 37 44 -1813.4.2010 19 20 42 55 28 25 73 79 42 42 78 94 93 93 95 95 95 94 89 -31 55 63 -12 -614.4.2010 85 86 76 60 59 83 140 142 138 139 140 141 138 137 138 139 139 138 137 25 133 138 117 9415.4.2010 -1 -1 18 1 -1 24 103 39 117 111 113 108 111 112 115 115 113 112 122 8 109 87 -8 -4Average: 12 9 8 0 -6 18 40 25 32 38 39 45 43 47 55 57 57 52 51 -10 32 35 4 -2

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 -6 49 54 56 62 66 40 153 294 306 210 232 150 64 21 32 28 36 27 294 224 244 12 -132.4.2010 -36 -23 -2 2 -6 -11 -14 -31 -39 -43 7 6 -61 -52 -51 -62 -34 -25 72 227 129 134 -6 -453.4.2010 -28 -17 10 30 43 31 13 -64 -96 18 20 30 -38 -63 -58 -56 -67 -66 -39 230 200 125 127 -264.4.2010 -71 -60 -33 -27 -8 -15 -27 -28 -43 -58 -61 -43 -1 63 16 -15 -26 -42 -45 -37 -2 -75 -52 -425.4.2010 -60 -30 -18 -15 -12 -8 -33 -70 -73 -78 -98 -96 -95 -79 -73 -63 -44 -66 -74 165 98 126 -3 -1116.4.2010 -46 -41 -20 -3 -5 -8 -37 51 251 284 283 281 232 308 305 294 242 192 184 235 249 198 194 1267.4.2010 -16 -2 -18 2 5 -2 -11 69 209 318 319 330 328 337 270 269 299 288 317 275 259 261 261 2658.4.2010 234 -19 -23 -14 1 -10 -20 210 326 338 279 294 257 153 88 15 11 9 33 223 201 179 168 209.4.2010 0 10 17 13 16 -5 -13 187 320 313 172 133 69 83 17 19 16 18 60 285 293 277 215 110.4.2010 -45 -72 -52 -40 -39 -28 -43 -58 -27 52 44 -13 -49 -91 -101 -99 -95 -66 3 270 221 174 164 -5211.4.2010 -83 -74 -66 -116 -97 -105 -72 -78 35 177 199 208 231 201 114 132 162 232 217 216 212 223 232 19412.4.201013.4.201014.4.2010 -38 17 30 38 59 66 28 98 240 214 255 260 157 163 110 90 111 175 261 262 257 257 198 -315.4.2010 21 57 85 71 60 68 61 72 329 332 268 244 337 278 290 183 243 227 263 289 252 191 178 29Average: -13 -16 -3 -0 6 3 -10 39 133 167 146 144 117 105 73 57 65 70 98 226 199 178 130 26

Romania: Average hourly net export in last 15 days

-20

-10

0

10

20

30

40

50

60

70

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Hour

MW

h

Romania: Average consumption in last 15 days

0

1000

2000

3000

4000

5000

6000

7000

8000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Hour

MW

h

7


Greece: Electricity consumption in last 15 days (MWh)

Greece: System Marginal Prices in last 15 days

Montenegro: Electricity exports in last 15 days per border (MWh)

1.4.2010 2.4.2010 3.4.2010 4.4.2010 5.4.2010 6.4.2010 7.4.2010 8.4.2010 9.4.2010 10.4.2010 11.4.2010 12.4.2010 13.4.2010 14.4.2010 15.4.2010Montenegro - Albania 17 -464 212 631 -40 145 -782 -754 -972 -1089 -993 -1086 -1410Montenegro - BiH -630 -2458 -4267 -4741 -4138 -117 2036 1764 822 -1969 -1582 1757 2325Montenegro - Serbia 3248 2958 4314 3378 3368 3721 3378 1943 2666 3016 4869 2634 3513Total 2635 36 259 -732 -810 3749 4632 2953 2516 -42 2294 3305 4428

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 4880 4470 4340 4180 4110 4190 4570 5060 5570 5920 6020 6080 6050 5920 5560 5310 5260 5160 5200 5620 6300 6200 5750 52802.4.2010 4760 4280 4100 3940 3860 3850 3830 3960 4350 4650 4800 4820 4880 4900 4780 4660 4630 4620 4680 4880 5280 5160 5100 48503.4.2010 4350 4000 3850 3750 3640 3720 3780 4000 4550 5000 5250 5400 5500 5500 5300 5150 5150 5200 5450 5900 6650 6620 5920 50804.4.2010 4700 4330 4030 3670 3480 3420 3380 3370 3700 4150 4500 4520 4400 3980 3560 3500 3520 3520 3650 4000 4820 5000 4760 45305.4.2010 4130 3800 3700 3500 3420 3410 3400 3400 3700 4150 4410 4580 4660 4620 4350 4140 4100 4080 4250 4550 5400 5600 5140 47406.4.2010 4280 3860 3700 3580 3550 3700 4020 4520 5100 5600 5900 6100 6140 6120 5900 5550 5420 5360 5500 5800 6650 6580 5740 51607.4.2010 4650 4310 4170 4000 3930 4050 4370 4960 5560 6090 6330 6570 6580 6520 6270 5940 5810 5670 5770 6120 6820 6810 5940 53208.4.2010 4880 4520 4360 4210 4180 4310 4600 5150 5660 6150 6310 6340 6380 6330 6040 5820 5690 5600 5670 6050 6930 6860 6000 54009.4.2010 4860 4410 4310 4180 4140 4230 4570 5120 5640 6150 6310 6380 6460 6340 6040 5730 5590 5610 5650 6020 6850 6800 6000 546010.4.2010 5010 4570 4400 4240 4140 4140 4190 4370 4960 5560 5930 6160 6260 6180 5750 5400 5330 5270 5430 5860 6450 6500 5900 540011.4.2010 4840 4430 4270 4080 3950 3940 3940 3960 4290 4720 5140 5540 5700 5480 4950 4650 4650 4590 4850 5240 5950 6140 5650 525012.4.2010 4660 4250 4100 3970 3900 4030 4450 5050 5750 6250 6320 6410 6470 6430 6100 5820 5700 5600 5620 6000 6730 6650 6000 540013.4.2010 4810 4380 4220 4080 4020 4110 4510 5090 5730 6230 6330 6430 6500 6450 6100 5780 5660 5630 5700 6050 6820 6700 6030 545014.4.2010 4860 4450 4310 4190 4120 4220 4630 5270 5860 6350 6420 6470 6500 6480 6220 5860 5700 5620 5690 6050 6930 6830 6100 547015.4.2010 4850 4460 4320 4190 4120 4210 4610 5300 5850 6320 6400 6510 6550 6520 6140 5850 5720 5680 5850 6250 7050 6900 6100 5460Average: 4701 4301 4145 3984 3904 3969 4190 4572 5085 5553 5758 5887 5935 5851 5537 5277 5195 5147 5264 5626 6375 6357 5742 5217

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 55.65 78.70 60.00 34.28 34.00 34.01 60.14 60.25 61.44 62.42 78.82 91.01 78.83 91.00 61.36 59.94 59.96 55.66 59.79 34.44 34.01 34.01 34.01 34.482.4.2010 55.65 34.01 34.00 34.00 31.65 30.69 30.69 34.00 38.11 38.24 55.65 55.65 55.65 55.65 55.65 55.65 55.65 34.41 34.01 34.00 34.00 55.66 55.65 55.653.4.2010 91.00 34.00 34.00 34.00 31.70 33.32 34.00 32.83 55.65 78.70 78.74 82.22 78.36 78.78 78.33 78.28 78.28 78.30 91.00 78.36 91.00 91.00 91.00 78.284.4.2010 60.13 34.01 34.01 34.00 34.00 31.69 30.80 30.13 31.37 34.01 38.18 60.13 34.32 32.83 30.80 30.80 30.80 30.81 33.31 34.01 60.10 60.06 60.11 60.135.4.2010 34.27 34.01 34.00 34.01 38.00 31.07 31.66 29.97 30.19 59.36 60.10 60.14 60.14 59.94 60.05 59.11 58.95 59.15 59.60 59.93 60.03 55.71 55.65 55.656.4.2010 59.73 34.23 34.00 34.00 33.34 34.00 31.67 34.00 60.03 82.22 82.22 62.96 63.12 63.04 91.00 61.27 60.40 60.12 60.86 61.88 63.34 78.89 91.00 60.017.4.2010 34.00 32.76 31.77 31.50 31.50 31.75 34.00 55.65 82.22 82.22 78.92 78.89 78.89 78.91 63.24 62.29 62.09 62.06 62.08 63.04 63.37 78.91 78.80 59.948.4.2010 34.00 55.65 34.00 34.00 33.39 34.00 55.65 60.02 82.22 63.16 63.26 63.28 55.81 63.06 62.70 62.09 55.71 55.71 55.71 55.74 63.39 91.00 62.54 55.719.4.2010 38.27 34.01 34.01 34.00 34.00 34.00 34.00 60.03 62.04 63.16 63.26 63.30 63.28 63.28 62.92 61.86 61.61 61.78 62.05 62.62 63.37 63.36 62.54 60.5210.4.2010 81.21 55.65 38.13 32.09 31.76 31.76 31.70 32.77 60.07 82.22 91.00 91.00 78.90 78.44 78.36 60.03 59.93 59.96 60.27 78.36 91.00 91.00 78.36 60.0311.4.2010 59.89 55.65 33.40 34.99 32.71 32.05 31.74 31.74 31.90 78.70 60.02 91.00 78.78 78.78 78.70 60.14 55.65 55.65 60.09 59.97 91.00 91.00 82.22 78.3212.4.2010 55.65 32.86 34.26 32.82 31.85 33.25 34.34 78.70 82.22 91.00 91.00 91.00 63.27 63.30 62.96 62.09 62.06 61.70 62.08 62.54 63.13 91.00 78.82 60.0313.4.2010 60.10 55.65 78.28 31.87 31.13 31.59 78.70 82.22 78.36 78.89 91.00 91.00 78.49 78.50 62.74 62.08 62.05 55.71 62.06 62.53 63.37 91.01 82.22 78.3614.4.2010 60.09 34.34 33.40 38.09 33.38 55.65 60.15 78.32 78.78 91.01 91.01 91.00 78.49 63.26 78.46 62.10 78.36 61.87 78.36 62.96 63.18 91.00 78.42 55.7115.4.2010 32.03 34.34 32.10 32.74 31.88 31.69 31.81 55.69 82.22 78.91 82.22 91.00 91.00 91.01 63.12 62.10 35.28 55.71 55.71 63.23 78.55 82.22 55.75 60.52Average: 54.11 42.66 38.62 33.76 32.95 34.03 40.74 50.42 61.12 70.95 73.69 77.57 69.16 69.32 66.03 59.99 58.45 56.57 59.80 58.24 65.52 76.39 69.81 60.89

Montenegro: Average Hourly exports in last 15 days

-50

0

50

100

150

200

250

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Hour

MW

h

Greece: Electricity prices, HTSO

0.0010.0020.0030.0040.0050.0060.0070.0080.0090.00

100.00

1.4.

2010

2.4.

2010

3.4.

2010

4.4.

2010

5.4.

2010

6.4.

2010

7.4.

2010

8.4.

2010

9.4.

2010

10.4

.201

0

11.4

.201

0

12.4

.201

0

13.4

.201

0

14.4

.201

0

15.4

.201

0

EUR

/MW

h

minimal price average price maximal price

Greece: Average hourly consumption in last 15 days

1000

2000

3000

4000

5000

6000

7000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Hour

MW

h

8


Opcom, Romania: Prices in last 15 days (EUR/MWh)

Day Energy (06-22h)Base energy (00-24h) Night energy (22-06h)

Opcom, Romania: Prices and quantities in last 15 days (EUR/MWh)

Opcom, Romania: Traded energy in last 15 days (MWh)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 1087 1192 1156 1126 1123 1194 1071 840 786 834 794 783 776 777 751 679 648 582 571 681 741 724 778 10372.4.2010 976 940 922 918 887 927 827 709 708 729 728 702 685 693 650 607 575 575 564 576 654 645 738 8483.4.2010 975 1002 949 911 894 876 802 627 606 578 585 588 615 621 622 608 608 600 611 608 634 716 785 8164.4.2010 874 839 777 709 650 639 483 365 371 363 379 344 348 357 335 331 341 332 354 512 629 665 746 7295.4.2010 649 628 575 522 515 504 384 278 276 291 307 294 296 286 277 267 275 323 390 460 519 520 606 6586.4.2010 656 585 568 561 541 554 512 503 596 702 756 775 785 798 767 723 717 728 733 798 775 769 875 9517.4.2010 1181 1173 1148 1108 1123 1148 1168 1060 840 840 937 1003 1027 1048 1091 1100 1090 1055 1050 1045 820 797 1075 12538.4.2010 1193 1183 1124 1096 1119 1163 1066 915 842 841 900 893 863 887 863 817 829 793 760 809 812 801 923 11229.4.2010 1084 1085 1026 963 1004 1039 965 814 806 746 759 794 868 852 868 784 749 720 755 821 762 768 779 105710.4.2010 1124 1123 1096 1041 1026 1073 926 678 708 719 761 700 725 706 693 684 637 616 607 699 806 713 717 90311.4.2010 937 882 844 820 790 804 692 507 569 600 599 646 608 597 616 599 628 607 626 641 708 762 786 85212.4.2010 937 882 844 820 790 804 692 507 569 600 599 646 608 597 616 599 628 607 626 641 708 762 786 85213.4.2010 1074 1056 1026 993 1011 1088 1024 877 986 1047 1040 1012 1006 983 887 775 718 677 659 699 1019 1022 995 107214.4.2010 1070 1109 1075 1055 1050 1080 1057 996 1058 1076 1119 1104 1124 1118 1102 1043 958 892 906 937 1055 951 1011 114015.4.2010 1043 1064 1032 1029 1035 1114 1049 979 1094 1102 1111 1091 1110 1141 1078 984 901 895 918 980 1072 1087 1032 1119Average: 991 983 944 911 904 934 848 710 721 738 758 758 763 764 748 707 687 667 675 727 781 780 842 961

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 241.4.2010 24.55 24.55 24.55 24.54 24.54 24.55 29.46 47.88 49.11 54.02 50.70 44.19 44.18 44.18 44.18 41.49 36.83 36.82 31.67 44.18 61.87 61.38 53.77 34.132.4.2010 23.93 14.65 14.65 14.65 14.65 14.65 14.65 24.40 41.51 43.70 41.51 41.51 40.53 36.62 24.42 19.53 19.53 19.53 19.53 36.61 47.91 53.47 36.62 24.403.4.2010 24.32 23.85 19.22 16.79 15.82 14.36 14.36 11.92 11.92 11.92 11.92 11.92 14.36 14.36 11.92 16.79 16.79 16.79 16.79 29.19 48.18 60.84 53.54 24.324.4.2010 21.20 18.03 12.19 11.70 9.50 9.50 7.07 4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63 7.07 12.19 36.56 18.03 11.705.4.2010 9.50 9.50 7.07 4.87 4.87 4.87 3.51 0.49 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.49 0.97 3.51 4.63 24.86 24.37 31.44 16.826.4.2010 11.94 9.50 7.31 7.31 7.07 9.50 23.64 29.24 38.75 41.43 41.43 41.19 41.43 41.43 36.56 31.44 31.44 31.44 36.56 41.43 53.86 53.86 46.30 46.067.4.2010 36.56 26.32 24.37 24.36 24.37 29.24 33.87 53.63 70.43 72.26 67.99 66.04 65.80 60.93 53.63 48.01 43.62 41.19 41.92 46.06 71.16 71.16 53.61 36.568.4.2010 29.29 24.41 24.40 24.17 24.40 24.65 29.29 46.13 56.88 61.02 58.58 53.71 53.94 52.73 43.93 41.50 39.06 36.37 36.61 43.69 71.17 61.02 51.50 31.499.4.2010 29.09 24.45 24.43 23.96 24.43 24.45 24.45 44.00 53.79 69.91 70.65 66.00 61.11 58.67 51.73 40.58 36.67 33.73 36.67 43.76 71.27 71.27 58.67 31.5310.4.2010 33.80 29.18 26.75 26.75 27.96 29.18 53.52 24.31 41.33 41.33 43.52 41.33 41.33 41.09 36.47 36.47 29.18 29.18 29.18 41.33 58.60 68.14 63.46 36.4711.4.2010 21.79 19.12 16.95 16.95 14.53 16.95 14.53 4.60 9.68 14.28 14.28 16.70 14.28 11.86 14.28 11.86 14.28 11.86 14.28 19.12 40.91 43.58 40.91 24.2012.4.2010 17.91 14.53 14.53 14.50 14.53 16.95 48.50 43.58 48.50 57.86 53.02 46.48 43.58 43.58 43.56 43.56 43.33 36.31 35.10 35.10 51.37 50.84 46.00 40.1913.4.2010 24.20 21.79 19.12 17.91 19.12 24.20 33.65 41.15 43.58 47.93 47.21 43.58 43.58 43.56 43.56 40.91 33.89 33.65 31.23 33.65 47.21 53.26 47.93 33.8914.4.2010 43.34 40.92 40.19 36.07 36.32 40.19 40.92 47.50 52.05 55.92 53.29 50.84 50.84 48.42 48.42 43.58 43.57 42.37 43.57 43.58 60.53 71.66 57.86 43.8215.4.2010 57.69 36.21 33.31 31.62 35.97 40.80 43.45 43.45 44.66 53.11 51.39 51.39 50.72 50.72 47.80 43.44 41.04 36.20 40.80 43.44 60.35 54.32 52.87 41.04Average: 27.27 22.47 20.60 19.74 19.87 21.60 27.66 31.13 37.80 41.97 40.69 38.65 38.04 36.87 33.69 30.94 28.96 27.40 28.14 34.19 52.10 55.72 47.50 31.77

1.4.2010 2.4.2010 3.4.2010 4.4.2010 5.4.2010 6.4.2010 7.4.2010 8.4.2010 9.4.2010 10.4.2010 11.4.2010 12.4.2010 13.4.2010 14.4.2010 15.4.2010Base Price 39.89 28.47 21.34 9.60 6.40 31.67 48.46 42.50 44.80 38.74 18.41 37.64 36.24 47.32 45.24Base Quantity 20730 17781 17236 12474 10100 16729 25181 22615 20868 19482 16718 16718 22746 25084 25058Day Price 45.13 32.81 20.00 7.40 4.05 38.45 56.73 49.10 52.14 41.02 16.90 45.27 41.35 49.82 47.27Day Quantity 12038 10625 10028 6511 5444 11437 15971 13692 12831 11380 10004 10004 14431 16495 16591Night Price 29.40 19.78 24.03 13.98 11.12 18.12 31.92 29.29 30.13 34.19 21.43 22.39 26.02 42.34 41.19Night Quatity 8692 7156 7208 5963 4657 5292 9209 8923 8037 8102 6713 6713 8315 8590 8467

OPCOM, Romania - Prices

0

10

20

30

40

50

60

1.4.

2010

2.4.

2010

3.4.

2010

4.4.

2010

5.4.

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6.4.

2010

7.4.

2010

8.4.

2010

9.4.

2010

10.4

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11.4

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13.4

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MW

h

Night Day Base

OPCOM, Romania - Prices

0

10

20

30

40

50

60

70

80

1.4.

2010

2.4.

2010

3.4.

2010

4.4.

2010

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7.4.

2010

8.4.

2010

9.4.

2010

10.4

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11.4

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minimal price average price maximal price

OPCOM, Romania - Traded energy

0

5000

10000

15000

20000

25000

30000

1.4.20

10

2.4.20

10

3.4.20

10

4.4.20

10

5.4.20

10

6.4.20

10

7.4.20

10

8.4.20

10

9.4.20

10

10.4.

2010

11.4.

2010

12.4.

2010

13.4.

2010

14.4.

2010

15.4.

2010

MW

h

9


Forecasted weather conditions for the following period

Date AlbaniaTirana

Bosnia and HerzegovinaSarajevo

BulgariaSofia

CroatiaZagreb

GreeceAthens

MacedoniaSkopje

MontenegroPodgorica

RomaniaBucharest

SerbiaBelgrade

17.04. T: 11 - 19W: NE 11R: -

T: 5 - 16W: NE 10R: -

T: 10 - 18W: N 9R: -

T: 6 - 17W: NE 9R: -

T: 16 - 23W: N 11R: -

T: 10 - 19W: NE 11R: -

T: 13 - 22W: NE 11R: -

T: 5 - 16W: L-VR: -

T: 8 - 18W: N 11R: -

18.04. T: 9 - 21W: SE 8R: 6

T: 4 - 20W: S 5R; -

T: 7 - 20W: SE 8R: 1

T: 6 - 18W: S 4R: -

T: 16 - 20W: NE 20R: -

T: 9 - 20W: SE 9R: -

T: 12 - 21W: SE 8R: 15

T: 3 - 19W: SE 10R: -

T: 7 - 23W: SE 11R: -

19.04. T: 13 - 18W: SE 11R: 25

T: 8 - 18W: L-VR: 4

T: 9 - 20W: SW 8R: 12

T: 10 - 15W: N 6R: 15

T: 16 - 23W: SE 11R: -

T: 8 - 21W: SE 11R: 13

T: 10 - 20W: SE 12R: 38

T: 4 - 20W: SE 10R: -

T: 13 - 20 W: E 9R: 5

20.04. T: 12 - 19W: NW 9R: 4

T: 2 - 12W: N 14R: 11

T: 9 - 12W: NW 6R: 8

T: 3 - 13W: NE 19R: -

T: 17 -21W: SW 11R: -

T: 11 - 15W: NW 8R: 8

T: 12 - 22W: NW 6R: 14

T: 9 - 18W: NE 4R: 14

T: 3 - 12W: NW 16R: 4

21.04. T: 9 - 18W: NE 13R: -

T: -2 - 14 W: NE 11R: -

T: 2 - 14W: NW 14R: 1

T: 1 - 14W: NW 6R: -

T: 13 - 16W: N 30R: 2

T: 2 - 18W: N 17R: -

T: 8 - 21W: NE 16R: -

T: 7 - 16W: NE 9R: -

T: 1 - 14W: NW 12R: -

22.04. T: 4 - 19W: N 9R: -

T: -1 - 16W: NE 6R: -

T: 5 - 16W: NE 4R: -

T: 3 - 18W: E 6R: -

T: 9 - 16W: NE 24R: -

T: 5 - 19W: N 6R: -

T: 8 - 20W: NE 6R: -

T: 0 - 14W: NE 4R: -

T: 4 - 16W: N 4R: -

23.04. T: 6 - 18W: NE 8R: -

T: 2 - 16W: NE 8R: -

T: 3 - 17W: NE 9R: -

T: 4 - 21W: NE 8R: -

T: 9 - 17W: NE 24R: -

T: 2 - 19W: NE 9R: -

T: 8 - 22W: NE 11R: -

T: 2 - 16W: NE 5R: YES

T: 5 - 16W: N 9R: -

24.04. T: 5 - 18W: NE 9R: -

T: 2 - 18W: NE 8R: -

T: 4 - 18W: NE 12R: YES

T: 5 - 23W: NE 8R: -

T: 10 - 19W: NE 33R: -

T: 2 - 21W: NE 11R:-

T: 7 - 24W: NE 11R: -

T: 2 - 15W: NE 11R: YES

T: 6 - 18W: NE 12R: -

25.04. T: 5 - 16W: NE 12R: -

T: 3 - 19W: NE 12R: -

T: 4 - 20W: NE 15R: -

T: 7 - 23W: E 9R: -

T: 11 - 17W: NE 35R: -

T: 4 - 22W: NE 15R: -

T: 10 - 24W: NE 16R: -

T: 1 - 15W: NE 15R: -

T: 7 - 21W: NE 11R: -

26.04. T: 4 - 19W: NE 10R: -

T: 6 - 20W: N 5R: -

T: 5 - 21W: NE 14R: -

T: 9 - 24W: L-VR: -

T: 10 - 17W: NE 40R: -

T: 4 - 20W: NE 10R: -

T: 11 - 23W: NE 8R: -

T: 2 - 20W: N 11R: -

T: 9 - 22W: NW 5R: -

AprilAverages

Temp: 8-18Rain: 145Rain days: -

Temp: 4.4-15Rain: 74Rain days: 11


Temp: 4.9-16.2Rain: 61Rain days: 12


Temp: 5.4-18.6Rain: 40Rain days: 10

Temp: 9-19Rain: 144Rain days: 12



T: Temperature in celsius degreesW: Wind speed in km/h, S – South, W – West, N – North, E – East and variables; “-” - no wind; “L-V” - Light and variableR: Rain in mmS: Snow in mm

Mepso, Macedonia: Production and consumption (MWh)

1.4.2010 2.4.2010 3.4.2010 4.4.2010 5.4.2010 6.4.2010 7.4.2010 8.4.2010 9.4.2010 10.4.2010 11.4.2010 12.4.2010 13.4.2010 14.4.2010 15.4.2010Hydro generation 9947 7177 8658 6525 7098 8984 9886 8343 11310 9806 8741 9783 9663 9762Thermal generation 8279 9797 9866 9689 9805 9911 9987 9705 6713 8697 10078 10070 10400 10316Total production 18226 16974 18524 16214 16903 18895 19873 18048 18023 18503 18819 19853 20063 20078Import 122 186 362 147 54 227 591 748 1713 1216 825 1147 666 811Total consumption in FYROM 18348 17160 18886 16361 16957 19122 20464 18796 19736 19719 19644 21000 20729 20889

Consumption and production in last 15 daysMacedonia

0

5000

10000

15000

20000

25000

1.4.20

10

2.4.20

10

3.4.20

10

4.4.20

10

5.4.20

10

6.4.20

10

7.4.20

10

8.4.20

10

9.4.20

10

10.4.

2010

11.4.

2010

12.4.

2010

13.4.

2010

14.4.

2010

15.4.

2010

MW

h

Total production Total consumption

10

Balkan Energy NEWS, e-journal Issue No: 2010-IV/1 - issue covers period 1.4.2010-15.4.2010

Tables with offered Aailable Transfer Capacities (ATC) in Balkan region for May 2010

NOS BIH - Bosnia & Herzegovina May 2010.Border+Direction TTC TRM NTC AAC ATC Validity period:

IMPORTCroatia > BIH - - 650 - 225 01.-30.05.2010Montenegro > BIH - - 300 - 150 01.-30.05.2010

Serbia > BIH- - 500 - 175 01.-23.05.2010- - 350 - 175 24.-31.05.2010

EXPORTBIH > Croatia - - 500 - 100 01.-30.05.2010

BIH > Montenegro- - 300 - 100 01.-05.05.2010- - 450 - 100 06.-31.05.2010

BIH > Serbia - - 350 - 128 01.-30.05.2010

ESO - Bulgaria May 2010.Border+Direction TTC TRM NTC AAC ATC Validity period:

IMPORT

Serbia > Bulgaria- - 200 - 80 01.-09.05.2010- - 50 - 5 10.-21.05.2010- - 200 - 80 22.-31.05.2010

Romania > Bulgaria

- - 300 - 200 01.-07.05.2010- - 200 - 100 08.-09.05.2010- 300 - 200 10.-30.05.2010- - 200 - 100 31.05.2010

Macedonia > Bulgaria - - 0 - 0 01.-30.04.2010

Greece > Bulgaria- - 100 - 40 01.-09.05.2010- - 0 - 0 10.-21.05.2010- - 100 - 40 22.-31.05.2010

EXPORT

Bulgaria > Serbia- - 400 - 165 01.-09.05.2010- - 600 - 265 10.-21.05.2010- - 400 - 165 22.-31.05.2010

Bulgaria > Romania- - 250 - 160 01.-12.05.2010- - 300 - 210 13.-21.05.2010- - 350 - 260 22.-31.05.2010

Bulgaria > Macedonia- - 250 - 75 01.-09.05.2010- - 500 - 200 10.-21.05.2010- - 250 - 75 22.-31.05.2010

Bulgaria > Greece- - 700 - 250 01.-09.05.2010- - 0 - 0 10.-21.05.2010- - 700 - 250 22.-31.05.2010

MAVIR - Hungary May 2010.Border+Direction TTC TRM NTC AAC ATC Validity period:

IMPORT

Romania > Hungary

400 100 300 200 100 01.-07.05.2010350 100 250 200 50 08.-09.05.2010450 100 350 200 150 10.-14.05.2010400 100 300 200 100 15.-30.05.2010350 100 250 200 50 31.05.2010

Serbia > Hungary 700 100 600 350 250 01.-30.04.2010EXPORT

Hungary > Romania450 100 350 150 200 01.-12.05.2010500 100 400 150 250 13.-31.05.2010

Hungary > Serbia 700 100 600 350 250 01.-30.04.2010

MEPSO - Macedonia May 2010.Border+Direction TTC TRM NTC AAC ATC Validity period:

IMPORTSerbia > Macedonia 500 100 400 70 330 01.-31.05.2010

Bulgaria > Macedonia350 100 250 50 200 01.-09.05.2010600 100 500 50 450 10.-21.05.2010350 100 250 50 200 22.-31.05.2010

Greece > Macedonia 200 100 100 0 100 01.-31.05.2010EXPORT

Macedonia > Serbia 250 100 150 0 150 01.-31.05.2010Macedonia > Bulgaria 100 100 0 0 0 01.-30.04.2010

Macedonia > Greece200 100 100 0 100 01.-09.05.2010320 100 220 0 220 10.-21.05.2010200 100 100 0 100 22.-31.05.2010

TSO EPCG - Montenegro May 2010.Border+Direction TTC TRM NTC AAC ATC Validity period:

IMPORTAlbania > Montenegro - - - - 50 01.-31.05.2010

BIH > Montenegro- - - - 100 01.-05.05.2010- - - - 125 06.-31.05.2010

Serbia > Montenegro- - - - 79 01.-05.05.2010- - - - 90 06.-16.05.2010- - - - 70 17.-31.05.2010

EXPORT

Montenegro > Albania- - - - 25 01.-05.05.2010- - - - 50 06.-31.05.2010

Montenegro > BIH - - - - 100 01.-31.05.2010Montenegro > Serbia - - - - 120 01.-31.05.2010

Transelectrica - Romania May 2010.Border+Direction TTC TRM NTC AAC ATC Validity period:

IMPORT

Bulgaria > Romania- - 250 - 160 01.-12.05.2010- - 300 - 210 13.-21.05.2010- - 350 - 260 22.-31.05.2010

Serbia > Romania300 100 200 100 100 01.-09.05.2010350 100 250 100 150 10.-21.05.2010300 100 200 100 100 22.-31.05.2010

Hungary > Romania450 100 350 150 200 01.-12.05.2010500 100 400 150 250 13.-31.05.2010

Ucraine > Romania200 100 100 50 50 01.-12.05.2010250 100 150 50 100 13.-31.05.2010

EXPORT

Romania > Bulgaria

- - 300 - 200 01.-07.05.2010- - 200 - 100 08.-09.05.2010- 300 - 200 10.-30.05.2010- - 200 - 100 31.05.2010

Romania > Serbia

600 100 500 100 400 01.-07.05.2010500 100 400 100 300 08.-09.05.2010700 100 600 100 500 10.-14.05.2010600 100 500 100 400 15.-30.05.2010500 100 400 100 300 31.05.2010

Romania > Hungary

400 100 300 200 100 01.-07.05.2010350 100 250 200 50 08.-09.05.2010450 100 350 200 150 10.-14.05.2010400 100 300 200 100 15.-30.05.2010350 100 250 200 50 31.05.2010

Romania > Ucraine 150 100 50 50 0 01.-30.05.2010

11


New generation projects in Bosnia and Herzegovina

In this issue of Balkan Energy NEWS we will present to you im-portant recently announced and ongoing projects for a new generation capacities in Bosnia and Herzegovina. Smaller generation capacities (below 30 MW) and small hydro power project are not mentioned.

Introduction

Bosnia and Herzegovina consists of 3 units: Federation of Bos-nia and Herzegovina, Republic of Srpska (RS) and Brcko dis-trict. Also, there are three separate power utilities in Bosnia and Herzegovina. Power utilities are:

» Elektroprivreda BiH (EPBiH) – Federation of B&H » Elektroprivreda Hrvatske Zajednice Herceg-Bosna (EPHZHB)

– Federation of B&H » Elektroprivreda Republika Srpska (ERS) – Republic of Srpska

EP BiH is the largest of three power utilities in B&H. It has in-stalled output of 1,670 MW, annual production of 6.5 TWh (one third is being exported), while overall number of customers

Analysis:

Danube water-level in cm for last 30 days (in cm)

relevant for: HPP Portile de Fier I, 1167 MW, RomaniaHPP Portile de Fier II, 270 MW, RomaniaHPP Djerdap I, 1058 MW, SerbiaHPP Djerdap II, 270 MW Serbia(source: Republic Hydrometeorological Service of Serbia)

Characteristic water stages (in cm)

EMS - Serbia May 2010.Border+Direction TTC TRM NTC AAC ATC Validity period:

IMPORT

Albania > Serbia260 50 210 50 160 01.-16.05.2010

0 0 0 0 0 17.-21.05.2010150 50 100 50 50 22.-31.05.2010

BiH > Serbia 450 100 350 100 250 01.-31.05.2010

Bulgaria > Serbia500 100 400 100 300 01.-09.05.2010700 100 600 100 500 10.-21.05.2010500 100 400 100 300 22.-31.05.2010

Croatia > Serbia 400 100 300 98 202 01.-31.05.2010Hungary > Serbia 700 100 600 100 500 01.-31.05.2010Montenegro > Serbia 550 150 400 110 290 01.-31.05.2010Macedonia > Serbia 250 100 150 100 50 01.-31.05.2010

Romania > Serbia

600 100 500 100 400 01.-07.05.2010500 100 400 100 300 08.-09.05.2010700 100 600 100 500 10.-14.05.2010600 100 500 100 400 15.-30.05.2010500 100 400 100 300 31.05.2010

EXPORT

Serbia > Albania260 50 210 50 160 01.-16.05.2010

0 0 0 0 0 17.-21.05.2010150 50 100 50 50 22.-31.05.2010

Serbia > BiH600 100 500 48 452 01.-23.05.2010450 100 350 48 302 24.-31.05.2010

Serbia > Bulgaria300 100 200 50 150 01.-09.05.2010150 100 50 50 0 10.-21.05.2010300 100 200 50 150 22.-31.05.2010

Serbia > Croatia500 100 400 100 300 01.-23.05.2010400 100 300 100 200 24.-31.05.2010

Serbia > Hungary 700 100 600 100 500 01.-31.05.2010

Serbia > Montenegro480 150 330 178 152 01.-05.05.2010550 150 400 178 222 06.-16.05.2010550 100 450 268 182 17.-31.05.2010

Serbia > Macedonia 500 100 400 100 300 01.-31.05.2010

Serbia > Romania300 100 200 100 100 01.-09.05.2010350 100 250 100 150 10.-21.05.2010300 100 200 100 100 22.-31.05.2010

* - No information available

- TTC (Total Transfer Capacity)

- TRM (Transmission Reliability Margin)

- NTC (Net Transfer Capacity) values in previous tables, repre-sents commonly correlated values, given per each border and per each direction on the respective border. (Please note that some of TSOs on their web sites publish only one-half of the NTC value, i.e. their own part of NTC, and therefore NTC data can be different)

- AAC (Already Allocated Capacity) value represents part of transmission capacity allocated earlier by TSO in which table this value appears.

- ATC (Available Transfer Capacities) value represents amount of transmission capacity, which will be offered by the TSO in which table this value appears to the interested market par-ticipants through allocation procedure: usually by pro-rata or explicit auctions method. (Please note that some of TSOs on their web sites within their ATC value publish ATC part of the neighboring TSO, and therefore ATC data can be different

12


is 670,000. The company’s annual income is some 450 million EUR.

In mid February this year, government of Federation of Bosnia and Herzegovina (B&H) reached the decision for establishing the common interest status for construction of six thermal power plants (TPPs), 16 hydropower plants (HPPs) and six wind farms. The decision is aimed to provide long-term security in electricity supply in Federation of B&H. The projects will be jointly prepared and developed by Power utility of B&H (EP BiH) and Power utility of Herzeg Bosnia (EP HZHB),

Projects

Hydro project

Common interest (EP BiH, EP HZHB)

HPP Ustikolina

HPP Uskotina should have 3 generators, 22 MW each (66 MW overall). According to estimations, the cost of construction of HPP Ustikolina will reach 90 million EUR, where the works should last five years. The future HPP should produce some 250 GWh of electricity per year.

In 2008, EP BiH has launched a tender for preparing the project papers for construction of HPP Ustikolina. In the beginning of 2009, EP BiH and consortium of Energoinvest, IPSA, Sarajevo and POYRY Energi GmbH signed the contract for making the general design of HPP Ustikolina.

HPP Vranduk

HPP Vranduk will be mid sized HPP, with output of 23 MW. Cost of the project is estimated to 45 million EUR. The construction of HPP Vranduk will be funded by EP BiH, where part of the funds will be provided through loans. According to the latest announcements, construction of HPP Vranduk might start in May or June, while HPP could be put in service in 2014. Govern-ment has approved this project.

HPP Unac

HPP Unac should be built near city of Martin Brod on Unac River. It should have two 37 MW units, while dam should be 130 meters high. In mid 2008, German power company Energy Baden – Wurttemberg (EnBW) visited EP BiH and expressed in-terest for this project.

HPPs Ugar

ERS and EP BiH plan to jointly build two HPPs on Ugar river, with overall output of 40 MW. In 2007, governments of Repub-lic of Srpska and Federation of B&H agreed jointly to build HPPs on Ugar River. According to original estimations, the cost of the project should reach 40 million EUR. Two governments should invest equal funds in the project, where part of the funds would be provided through loans. Project was stalled since 2007, until it gained status of “common interest”.

HPP Vrilo

HPP Vrilo will be pump storage HPP. HPP Vrilo will have power output of 52 MW and annual production of 95 GWh. In Janu-ary 2009, EP HZHB signed contracts related to geological, geo-physical and geotechnical studies for this HPP with DMT GmbH Essen (Germany), Geotehnika (B&H), Moha (Croatia) and Geo-Maric (B&H).

HPPs on Neretva River – EP BiH

HPP Bjelimici

HPP Bjelimici is an old project, for which a concession contract had been awarded to local company Intrade-Energija in 2003. Project envisaged two 50 MW units for HPP Bjelimici (220 GWh of annual generation), and construction of Pump Storage HPP (PSHPP) Bjelimici, which would have two 300 MW units. Project suffered pressures from ecological organizations which want-ed to preserve natural environment of river Neretva.

HPP Glavaticevo

HPP Glavaticevo was also in package with HPP Bjelimici. By original project, it would have 28.5 MW output and 108 GWh of annual generation. HPP was to be used as compensation reservoir for HPP Glavaticevo 1. Like HPP Bjelimici project, this project was also stalled due to environmental reasons.

Other common interest hydro projects (EP BiH, EP HZHB)

HPP Krusevo, HPP Caplje, HPP Han Skela, HPP Vinac, HPP Bab-ino Selo, HPP Vrletna Kosa, HPP Ivik, HPP Kablic and HPP Vrh-polje.

Other hydro projects

HPPs on Drina River (ERS)

“Gornja Drina” projects consists of HPPs Gornja Drina (former Buk Bijela), HPP Foca, HPP Paunci and HPP Sutjeska. Overall output of these HPPs should be 234 MW, where cost of the project is estimated at 450 million EUR. Future HPPs would pro-duce around 800 GWh of electric energy, annually.

The HPPs on Drina River are developed by the joint venture company of ERS and Power utility of Serbia (EPS). In February 2008, MoU was signed between ERS and EPS. During March 2009, some media reported that German RWE could obtain majority stake in the project, while the rest would be equally owned by ERS and EPS. That rumor was denied by Ministry of Industry, Energy and Mining of Republic of Srpska. Recently, RWE once again expressed interest for HPPs on Drina River.

On the other hand, EP BiH plans to construct HPP Kozluk and HPP Tegare on Drina River, with total output of 300 MW. These two power plants are not related with power plants that would

13


be built in cooperation with EPS. Cost of the project could reach 750 million EUR, and it is expected that permits for this project could be obtained in following 3 years. Since these HPPs are planned to be built on the territory of Republic of Srpska, ERS would be responsible for granting the concession to EP BiH.

HPPs on Neretva River (ERS)

There are several HPPs that are planned to be built on Neretva River. HPP Ulog will have power output of 35 MW and annual output of 86 GWh. In the second half of November 2009, Min-istry of Industry, Energy and Mining of Republic of Srpska and EFT signed the concession contract for construction of HPP Ulog on Neretva River. The worth of the contract is 65 million EUR. The concession contract will be valid for 30 years, where construction of the HPP should last four years.

HPP Mrsovo is also planned to be built on Neretva River, where cost of the project is estimated at 90 million EUR.

HPPs on Trebisnjica River (ERS)

On Trebisnjica River, the HPPs Dabar, Nevesinje and Bileca should be built. This project is known as “Gornji Horizonti”. The cost of the project is estimated at 290 million EUR, where par-ticular HPPs should produce some 490 GWh of electricity per year. In mid-2009, Government announced that this project will be continued.

Thermal projects

Common interest projects (EP BiH, EP HZHB)

TPP Tuzla (new unit)

TPP Tuzla is located near the city of Tuzla. It has 6 units, with overall output of 715 MW. EP BiH plans to construct new unit (7) in this TPP. TPP Tuzla is coal fired TPP.

The future unit 7 will have 450 MW of electric output and 320 MW of heat output. The cost of the project is estimated to 840 million EUR. The construction works should start in 2012, and that unit should be put in operation in 2017. It will be a re-placement capacity for already shutdown units 1 and 2 (32 MW each) and units 3 (100 MW) and 4 (200 MW), which should be shutdown in 2018. The new unit should employ the latest tech-nologies in accordance to EU standards. General design of unit 7 is completed as well as environmental impact study.

In the end of March 2010, EP BiH published public invitation for strategic partners in the project for construction of unit 7. The state should be a 100 % owner of the future unit, while an in-vestor will repay its investment through electricity purchases. According to announcements, eligible candidates for strategic partnership must have annual income of 5 billion EUR, installed output of 400 MW and 400 million EUR of profit in the last three years. The future investors should provide 250 million EUR for the project.

Government and future strategic partners will jointly manage future power plant, where strategic issues should be resolved by consensus, the government said.

TPP Kongora

TPP Kongora will have two 275 MW units (550 MW overall). Esti-mated annual generation of this TPP will be 2.97 GWh. TPP will be lignite fired, and it will be supplied by nearby Kongora mine. Worth of the project is estimated to more than 600 million EUR. TPP will be located near the city of Tomislavgrad. Preparation work will be carried out by EP HZHB.

Government said that it would find foreign strategic partners through public tenders in order to fund construction of this TPP. The government will be the owner of future power plants, where strategic partners will repay its investments through electricity purchases. Government and future strategic part-ners will jointly manage future power plant, where strategic is-sues should be resolved by consensus. APET group expressed interest for construction of this TPP. Preparation works for TPP Kongora will be carried out by EP HZHB.

TPP Kakanj (new unit)

Currently, TPP Kakanj has 7 units (4x32 MW + 2x110 MW + 230 MW). Overall output of TPP Kakanj is 580 MW. Average annual production is 2 300 GWh. First two units were put in operation in 1956. Recently, Unit 6 was overhauled which extended its operation life to 2027.

In the end of 2007, KazTransGaz (KTG) was selected to be stra-tegic partner in the project for construction of new 250 MW unit in TPP in Kakanj. A new unit was meant to replace one 110 MW units and four 32 MW units. In March 2009, KTG said it de-cided to abandon the project and start project in Zenica.

Later, the Government decided to construct new 300 MW unit in TPP Kakanj. Tender for this project is expected.

TPP Bugojno

Initially, it was planned to construct TPP Bugojno with two 300 MW units. In 2007, EnBW was selected to be strategic partner in this project, but it was stalled. Later, there were plans to build only one 300 MW unit. According to some estimation for 2x300 MW, cost of the project would be around 800 million EUR.

TPP Banovici

Banovici project envisages construction of new 300 MW TPP in Banovici coal mine. Banovici coal mine also supplies coal to TPP Tuzla. Preliminary feasibility study for this TPP is completed.

Project in Banovici should be developed by Coalmine Banovici, also in cooperation with strategic partner.

14


Other thermal projects

TPP near Zenica -EP BiH, KTG

TPP (near) Zenica will be jointly built by EP BiH and KazTrans-Gaz. The future TPP will be gas fired, and it should have 250 MW of electricity output and 170 MW of heat output, where the cost of the project is estimated at 250 million EUR. Accord-ing to MoU, municipality Zenica will own 25 % stake in the TPP. In addition, municipality should provide 20,000 square meters of land and necessary permits for the project, while KTG would secure funding. The TPP should be built near steel factory ArcelorMittal Zenica. According to preliminary plans, the TPP should be built in 2012.

In March 2009, KTG and municipality of Zenica signed the Memorandum of Understanding for construction of the TPP. General Electric is also involved in the project.

Government of Federation of Bi& supported plans for construc-tion of CCGT power plant near city of Zenica. The government, however, said that project should be developed in accord-ance to domestic legislation, where government would not be obliged to guarantee purchase of electricity.

TPP Gacko – ERS

The project in TPP Gacko included renewal of the existing 300 MW unit, construction of two 330 MW units and enlargement of the coalmine. Project worth was estimated to 1.4 billion EUR (2006).

In 2006, CEZ and ERS established a joint venture for purpose of the project. Joint venture was called NERS and it was 51% owned by CEZ. Project was stalled for almost 3 years.

In January 2009, CEZ said it had withdrawn from project in Gacko after ERS failed to meet its contractual obligations, which was the main reason why the project was stalled. ERS, on the other hand, argued that the main reason for slow devel-opment of the project was the lawsuit of minority shareholders in TPP Gacko, who claimed that joint venture agreement be-tween CEZ and ERS had violated their rights. In the same time, ERS was unsatisfied with feasibility study made by CEZ, which led to arbitrage request.

In September 2009, CEZ has filled a law suit against ERS, for 60 million EUR compensation.

TPP Ugljevik – new unit - ERS

In 2006, Holding Slovenske Elektrane and TPP Ugljevik signed non-binding agreement for construction of 600 MW unit in TPP Ugljevik and reconstruction of existing 300 MW unit. The worth of the project was estimated at 650 million EUR. However, the deal was off since TPP Ugljevik and US company AES signed new agreement regarding construction of a new unit. The con-struction of the new unit in TPP Ugljevik in cooperation with US company AES will be continued after Preliminary feasibility study had been completed. The study suggested construction of a new 400 MW unit. ERS supported the proposal and ap-

proved preparation of final feasibility study, which should be done in cooperation with AES.

TPP in Miljevina mine (ERS)

Black coal mine Miljevina is located near city of Foca. The ex-ploitable reserves black coal are estimated at 40 million tons, while geological reserves are estimated at 72 million tons. Ac-cording to some analyses, these reserves are sufficient for TPP with 140 MW output.

Coalmine Miljevina is the only non-operational coalmine in RS, since it bankrupted in 2006. Government purchased the coal-mine in 2007. In 2008, Government of RS has published a public invitation for submitting the letters of interest for making the pre-feasibility study for energy and mining complex Miljevina near city of Foca. Hungarian company MVM expressed interest for this project.

TPP Stanari - RS, EFT

TPP Stanari will have 410 MW output and construction should start in mid 2010. Deadline for construction of TPP is set to 2014. Overall cost of the Stanari project should reach 650 mil-lion EUR. TPP will be supplied with coal from Stanari mine.

In February 2008, EFT and government of Republic of Srpska signed 30-year concession contract for construction and op-eration of TPP Stanari. In the end of 2009, EFT has entered the final phase for preparation of construction site of the future TPP. TPP Stanari should produce some 3 TWh of electricity per year, or some 25 % of current electricity production in B&H.

The coal reserves in Stanari mine, with low percentage of sulfur, are estimated at 150 million tons. In 2009, overall coal production reached 733,000 tons, while overburden removal reached 5.25 million cbm, which was historic record. EFT has purchased Stanari coalmine in 2005. So far, overall investments in the coalmine have reached over 40 million EUR.

Wind projects

Preliminary selection of potential locations for installing wind power plants shows that 12 locations have good potential, and they are mainly located in the southern part of the coun-try. Total estimated potential installed capacity is 720-950 MW, implying annual production of 1440-1950 GWh. According to some analysis, the best sites for construction of wind farms are near cities Bihac, Tomislavgrad, Livno, Glamoc, Mostar, Trebinje and Gacko.

There are 6 “common interest” wind projects in Federation of Bosnia and Herzegovina: Podvelezje 1 (46 MW), Podvelezje 2 (24 MW), Livno (52 MW), Mesihovina (44 MW), Velika Vlajna (32 MW) and Poklecani (72 MW). Overall output is estimated to 270 MW. Also, there were talks of wind farm Borova Glava (around 90 MW, near Livno) and wind farms near Sokolac. Ger-man Energy Holding (EH) expressed interest to construct wind farms near Sokolac, with overall cost of 300 million EUR. Overall output of the wind farms would be 300 MW.

15


EP HZHB currently evaluates wind power potential in Livno and Tomislavgrad. The company has been engaged in negotia-tions with EBRD regarding loans for construction of wind farms Borova Glava and Velika Vlajna (overall output of 128 MW and annual production of 366 GWh).

Wind farm Mesihovina – EP HZHB

Recently, Government has approved construction of wind farm Mesihovina, and environmental permit has been obtained.

The future wind farm will be built near Tomislavgrad. It will have 22 generators and overall output of 44 MW. With expected aver-age wind speed of 6 m/s, the farm should produce 115 GWh of electricity per year. Cost of the project should reach 72 million EUR. The farm should be put in service in 2012

On February 23, German KfW bank, Power utility of Herzeg Bos-nia (EP HZHB) and Minister of Finance of Federation of Bosnia and Herzegovina (B&H) signed the agreement regarding 71 mil-lion EUR loan and 1 million EUR donation for construction of wind farm Mesihovina. EP HZHB will provide another 3 million EUR for the project.

Wind farm Podvelezje 1 – EP BiH

Wind farm Podvelezje 1 should have 16 wind turbines with overall output of 46 MW.In the end of 2008, Power utility of Bosnia and Herzegovina (EP BiH) and Vjetroenergetika established the joint venture compa-ny EP BiH-VINK Mostar that will be in charge for construction of wind farms in the area of Podvelezje near city of Mostar. EP BiH owned 67.8% in the join venture.

But, in October 2009, shareholders assembly of Power utility of Bosnia and Herzegovina (EP BiH) decided to cancel the decision for establishment of joint venture company EP BiH Wind Mostar. Head of EP BiH, Amer Jerlagic said that company would build the wind farm by itself. Jerlagic explained that joint venture agreement was canceled after Cantonal authorities canceled the concession contract with Vjetroenergetika. In the same time, Vjetroenergetika earlier said it would cancel agreement with EP BiH.

Jerlagic said that EP BiH and Vjetroenergetika have been nego-tiating on purchase of documentation related to the project. In addition, in mid October 2009, EP BiH has submitted a self-initi-ative bid for acquiring the concession contract for construction of particular wind farm.

Zarubezneft interested in lease of oil terminals in Croatia (Region)

Russian oil company Zarubezneft, owner of Oil refinery in Brod in Bosnia and Herzegovina, is interested in long-term lease of oil terminals in Croatian ports Ploce, Zadar, Solin or Omisalj. Russian company is even willing to invest in modernization of such terminals.

This was confirmed by Optima Group, operator of Brod re-finery and subsidiary of Zarubezneft. Zarubezneft wants to transport oil derivatives by railroad to Croatian ports, from where the products would be transported by tankers.

Zarubezneft announced that, after modernization of Brod re-finery, the company would export high quality fuels via termi-nals in Croatia. On other hand, Croatian media say that Zaru-bezneft, which could not produce high quality fuels that could be sold in Croatia, wants to sell refinery’s surpluses (some 40 % of output) to customers in Northern Africa and Iran.

The main problem for Russian company is the fact that all ter-minals in Croatia are already leased. On the other hand, Bos-nia and Herzegovina owns oil terminals in Ploce, but the com-pany, which operates terminals, has high debts. Sources said that Zarubezneft could offer to pay debts and to sign lease contract.

In the related news, Croatian operator of the oil pipeline net-work, Janaf, and Optima Group, have signed oil transport agreement for 2010. Janaf said in short press release it would transport some 1.2 million tons of crude oil for the refinery in Brod. Janaf did not reveal other data related to the agree-ment.

§ § §

Gazprom: South stream pipeline will not be built across Romania (Region)

Alexei Miller, chair of the Management committee of Gazprom, confirmed that natural gas pipeline South stream would not be built across Romania. Miller said this during the official ceremony that marked the start of the construction of North stream natural gas pipeline.

Miller said there are no plans for signing the interstate agree-ment with Romania, so that Romania would not be transit country.

Gazprom clearly said that pipeline would be built across Bul-garia. However, there is an option for construction of South stream’s extension toward Romania, CEO of Gazprom said.

Gazprom announced that the last interstate agreement re-garding South stream project would be signed with Austria by the end of April. Russian company has already signed similar agreements with Bulgaria, Serbia, Hungary, Greece, Slovenia and Croatia.

News:

16


South stream pipeline, jointly developed by Gazprom and Ital-ian Eni, should be 900 km long and its capacity should be 63 billion cbm per year. The cost of the project is estimated at 20 billion euros and it should be completed in 2015.

§ § §

CEZ to give up expansion in Balkans (Region)

Czech CEZ decided to abandon expansion in Balkans for the time being and to start construction of nuclear power plants and other projects in Czech Republic and Slovakia. This was said by director of CEZ Martin Roman in interview to interna-tional media.

CEZ earlier abandoned project for construction of new unit in thermal power plant (TPP) Gacko in Bosnia and Herzegovina and it decided not to take part in the tender for construction of TPP Kosovo Re.

§ § §

Record export of electric energy (Albania)

During first quarter of 2010, Albanian Power Utility KESH has reported record export of 900 GWh. From this export, KESH earned 40 million EUR. Director of KESH, Mr. Muharem Stojku said that in April, additional 500 GWh would be produced, which will be sold for 17 million EUR.

During 2009, Albania has exported 444 GWh, for almost 24 mil-lion EUR.

Due to high amounts of rainfall and melting snow, Albania has been exporting higher than normal amounts of electric en-ergy. 98% of Albanian electricity is generated by Hydro Power Plants (HPP).

§ § §

TPP Gacko started annual overhaul (Bosnia and Herzegovina)

In the beginning of April, thermal power plant (TPP) Gacko (300 MW) started regular annual overhaul, which will last 40 days. TPP is expected to be back in service in mid May.

The cost of the maintenance will reach 4.8 million euros. The part of the funds, i.e. 2.3 million euros will be provided by World Bank under Power IV programme.

During the first quarter of 2010, TPP Gacko has produced 420 GWh of electricity (in accordance to plans), while overall pro-duction in 2010 should reach 1.54 TWh.

§ § §

EP BiH to install remote electricity metering systems in the next 15 years (Bosnia and Herzegovina)

Power utility of Bosnia and Herzegovina (EP BiH) announced it should introduce Automatic Meter Reading (AMR) & Advanced Meter Management (AMM) systems for all of its customers dur-ing next 15 years.

EP BiH said that electricity distributor in capital Sarajevo had recently successfully completed pilot project regarding AMR&AMM systems. The similar projects are under way in cit-ies Zenica and Tuzla.

The company pointed out AMR&AMM systems would enable monitoring of losses in distribution network, remote switching of customers, and limitation of consumption and change of tariffs. In the same time, customers will be enabled to monitor their real time consumption via web services.

EP BiH also reminded that introduction of intelligent systems will be in accordance to EU directives aimed to support liber-alization of electricity market.

§ § §

EP BiH: record output of HPPs on Neretva River (Bosnia and Herzegovina)

Power utility of Bosnia and Herzegovina (EP BiH) confirmed that hydropower plants (HPPs) on Neretva River, Jablanica, Grabovic and Salakovic (overall output of 500 MW) produced 752 GWh of electricity during first 100 days of the year. The amount was 52 % of annual target for this year.

EP BiH said that excellent results were consequence of favora-ble hydrology and high availability of the units. The company expects that the annual target of 1.48 TWh would be met far before the end of the year.

§ § §

ERS posted 72 million euros of income from electricity export in 2009 (Bosnia and Herzegovina)

Power utility of Republic of Srpska (ERS) said it had posted some 72 million euros income from electricity export in the last year, where overall electricity export reached 1.7 TWh. The reported income was 29.3 % higher compared to 2008, mostly due to higher precipitation and higher availability of power plants.

In 2010, electricity export will be considerably lower compared to 2009, due to three-month overhaul of thermal power plant (TPP) Ugljevik.

In the related news, hydropower plants (HPPs) on Trebisnjica River (HET), a member of ERS, have produced 600 GWh of elec-tricity during the first quarter of 2010, which was highest quar-terly production in the last 15 years. In this year, production target of HET was set at 1.04 TWh. The good production results were the consequence of favorable precipitation.

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In this year, HET will invest 4.8 million euros for modernization and reconstruction projects. The company said that regular maintenance works should take place between May 15 and June 30.

§ § §

ERS looking for strategic partner for Miljevina coalmine (Bosnia and Herzegovina)

Acting director of Miljevina coalmine Nenad Matovic confirmed that government of Republic of Srpska (RS) has been negoti-ating with three strategic partners regarding investing in the coalmine.

The main aim of the business plan is to find strategic partner willing to build thermal power plant (TPP) or to build energy facility that will use coal. Matovic said that main problem for the coalmine, which caused its bankruptcy in the past, was the lack of market and customers.

§ § §

RWE interested in construction of HPPs on Drina River (Bosnia and Herzegovina)

In mid April, prime minister of Republic of Srpska (RS) Milorad Dodik and minister of energy and mining Slobodan Puhalac visited Germany, where main topic of talks was potential co-operation between Germany and RS in energy sector. During the visit, Dodik and Puhalac met German minister of economy Rainer Brüderle.

RS’s official also had talks with representatives of RWE. RWE expressed interest for construction of new power plants in RS, where special interest was given to hydropower plants (HPPs) on Drina River. Officials from RS said that agreement on cooper-ation with RWE could be signed in the next couple of months.

As recalled, a year ago, German company expressed interest for investments in energy sector in RS. According to previous an-nouncements, RWE was ready to invest over 1 billion euros for construction and reconstruction of power plants and for con-struction of electricity grid in RS.

§ § §

Government to make audits in privatized electricity distributors (Bulgaria)

Prime minister of Bulgaria Boyko Borisov announced that gov-ernment would carry on audits in electricity distribution com-panies, as a part of large-scale audit in energy sector. Borisov announced that audit would also refer to all electricity sale agreements signed by National electric company (NEK) and NPP Kozloduy with electricity traders. The audit, which should focus on level of investments and final electricity prices, will be carried on in cooperation with State

agency for national security (SANS) and State Energy and Water Regulatory Commission (SEWRC).

As recalled, since 2004, majority stake (67 %) in three major electricity distribution companies in Bulgaria is being held by CEZ, E.ON and EVN, while the state holds 33 % stake in each company.

PM Borisov said that two out of three electricity distributors have been engaged in outsourcing, which is the activity that could not be controlled and influenced by the national regu-lator. Borisov refused to name those companies in order not to harm their business reputation. PM explained that 40 % of investments of electricity distributors went to foreign compa-nies, where these expenses were incorporated in final electric-ity prices.

On the other hand, PM said that audit would not lead to na-tionalization of electricity distributors. The cancellation of pri-vatization contracts is not an option, especially since deadlines for post-privatization audits had expired, PM Borisov said. The main aim of the government’s audit is to oblige distributors to treat Bulgarian customers as any other customers in Europe, Borisov said.

PM Borisov accused electricity distributors and lobbyist for maintaining current pricing schemes. He also asked SEWRC why such pricing scheme was kept for so long.

PM urged journalist not to use term nationalization for the lat-est actions, since this could have negative impact to foreign investors.

Several days earlier, PM Borisov announced it has been recon-sidering to terminate privatization contracts for electricity dis-tributors. Borisov accused distributors on high electricity prices for end customers, having in mind that they purchase electric-ity from NEK at much lower prices.

According to data said by the prime minister, NEK purchased electricity from power plants at some 47 euros/MWh, sold it to electricity distributors at even lower prices, while price of elec-tricity for end customers was 75 euros/MWh. PM also accused distributors for not paying any dividend to the state in the five-year period.

Local experts believe that government’s move was rather aimed to force distributors to pay dividends than to cancel pri-vatization contracts.

Opposition parties warned that announcements of nationaliza-tion would be harmful for the country, where this would repre-sent lack of responsibility and inconsistent policy. Commenting the latest news, media in Austria said that plans for revision of privatization contracts were populist talk.

Head of SEWRC Angel Semerdzhiev said that commission has been engaged in audits in E.ON Bulgaria, CEZ Bulgaria and Na-tional electric company (NEK). Semerdzhiev said that analyses imply that E.ON failed to meet its investment program in the last year.

In the same time, minister of economy, energy and tourism Tray-cho Traykov said in separate occasion that state’s priority would

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not be nationalization of electricity distribution companies. He believes that nationalization would not bring any good.

Minister Traykov confirmed that, during the informal talks in the beginning of 2010, electricity distributors offered to gov-ernment to pay dividends for the last year. Minister Traykov be-lieves that this should be appropriate having in mind specific situation in economy and in public finances. He also said that profit of electricity distributors should be reinvested in Bulgar-ia.

Minister Traykov believes that privatization of electricity dis-tributors was favorable for development of electricity sector in Bulgaria. Since the start of privatization, three foreign investors have reported overall profit of some 250 million euros, where half of the amount was invested for the development of the grid.

Officials from CEZ Bulgaria announced it should propose to EVN and E.ON list of measures that will be presented to the govern-ment. CEZ did not reveal any details related to the measures. CEZ said in press release that it clearly understands that com-pany and the government need to cooperate in this moment in order to provide stability for investments and to improve cus-tomers’ service. CEZ believes that open dialog is the best way for achieving good business results and public benefit.

Representatives of distributors said that electricity prices and level of investments are being set by the SEWRC.

CEZ, electricity distributor in Sofia and Pleven, said that, in the five-year period, it had invested 190 million euros, where some 48 million euros was invested in the last year. The company has 4,300 employees and 2 million customers.

E.ON did not want to comment announcement of the govern-ment saying it does not have sufficient information. In period 2005-2009, overall investments in electricity grid in Varna and Gorna Oryahovitsa reached some 150 million euros, where this resulted in better services, the company said.

EVN, which delivers electricity in Plovdiv and Stara Zagora, said it was ready for dialogue with state institutions. The company said that overall investments in period 2005-2009 reached some 320 million euros.

Overall worth of three privatizations was 693 million euros. The new owners were banned from selling its stake until the end of 2008 and from reducing wages until the end of 2006.

§ § §

Government to dismantle BEH by June (Bulgaria)

Minister of economy, energy and tourism Traycho Traykov said there was no reason for existence of Bulgarian energy holding (BEH). He confirmed that government has been analyzing op-tions on how to restructure this mega structure. According to latest plans, BEH should be dismantled by the end of June.

BEH was established by the previous, socialist-led government in September 2008, when members of the holding became

thermal power plant (TPP) Maritsa Iztok 2, Coalmine Maritsa Iz-tok, nuclear power plant (NPP) Kozloduy, National electric com-pany (NEK) and Bulgargaz. Recently Sofia heating company joined the BEH. Immediately after elections, new government announced plans for closing the BEH.

Traykov said that BEH failed to meet its targets and it became sort of parasite. Until reaching the final decision, government appointed interim management of BEH. Traykov announced that, most likely, each member of the holding would have its separate management.

In the same time, prime minister Boyko Borisov accused BEH for paying enormous fees for consultancy services and for in-surance contracts.

The announcements came after BEH published financial report for 2009. In the last year, BEH has posted 37 million euros of profit, which was 39 % higher compared to 2008. The man-agement said that good results were the consequence of suc-cessful company’s policy and reduction of expenses. In 2009, company’s expenses were reduced down to 5 million euros compared to 13.2 million euros in 2008.

Several days after announcements, deputy minister of econo-my and energy Maya Hristova said that most likely option after closing the BEH would be merging NPP Kozloduy and TPP Mar-itsa Iztok 2 and other energy companies into NEK.

Another option would be to create two holdings that will in-clude electricity and natural gas companies. Hristova said that new organization scheme was aimed to provide stability in en-ergy sector, where NEK should become leading electricity sup-plier.

In a separate occasion, minister Traycho Traykov announced that parts of NEK should be offered for sale by the end of year, possibly on stock exchange. The NEK’s stakes in TPP Maritsa Iz-tok 2 and 3 should be also offered. Minister Traykov said that natural gas companies Bulgargaz and Bulgartransgaz would not be sold.

Traykov also said that two out of three major electricity distrib-utors (CEZ, E.ON and EVN) are interested in buying the state’s stakes (33 %) in those companies. Sources say that interest for acquisition was expressed by CEZ and EVN.

§ § §

Westinghouse interested in construction of unit 7 in NPP Kozloduy (Bulgaria)

Minister of economy, energy and tourism Traycho Traykov con-firmed that US company Westinghouse is interested in con-struction of unit 7 in nuclear power plant (NPP) Kozloduy. This was said after the meeting of minister Traykov and representa-tives of Westinghouse in USA in the beginning of April.

The minister said that Westinghouse, which took part in mod-ernization of NPP Kozloduy, has presented its new nuclear reac-tor AP 1000. The new model has high security and it could be built in three years, ministry said.

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In the related news, as it was earlier announced, European par-liament has approved additional 300 million euros to Bulgaria as compensation for decommissioning of four old units in NPP Kozloduy.

§ § §

Energy minister: construction of NPP Belene could start next year (Bulgaria)

Minister of economy, energy and tourism Traycho Traykov said that construction of nuclear power plant (NPP) Belene (2x 1,000 MW) might start in 2011. In this case, the first 1,000 MW unit in NPP could be built in 2014.

During visit to USA, minister Traykov asked for help in finding the strategic partners in Belene project. Minister Traykov re-minded that Bulgaria is looking for new strategic partner after German RWE abandoned project in the last year, where this is-sue should be resolved by the end of April.

The statement of minister was in contradiction to recent an-nouncement of the prime minister Boyko Borisov, who said that consultant in the project, which should be in charge for selection of strategic partner, should be selected by mid June.

Russia is the key partner in the project, since Russian Atom-StroyExport (ASE) won 4 billion euros contract for construction of NPP Belene. In the end of February, state-owned Rosatom, owner of ASE, offered to Bulgaria 2 billion euros loan for con-tinuation of the project. Russia did not demand state guaran-tees, but it demanded share in the project, which could be later purchased by future strategic partner.

§ § §

Feed-in tariffs increased by 1.96 % starting from April 1 (Bulgaria)

State Energy and Water Regulatory Commission (SEWRC) ap-proved average 1.96 % increase in feeds-in tariffs starting from April 1.

The biggest increase of 4.7 % was approved for municipality waste fired-power plants, where tariff was increased up to 61 euros/MWh.

The tariff for solar power plants with output up to 5 kW was de-creased by 3.6 % to 405 euros/MWh, while tariff for solar power plants with output over 5 kW was decreased by 3.5 % to 372 euros/MWh.

For small hydropower plants (HPPs) with power output up to 10 MW, feed-in tariff was increased up to 56.6 euros/MWh, while for small HPPs with output up to 5 MW, tariff was increased up to 77 euros/MWh and 102 euros/MWh, depending on the type of HPP.

For wind farms, with output over 800 kW and with annual op-eration up to 2,250 hours, feed-in tariff was increased up to 97 euros/MWh, while for the same wind farms in operation more

than 2,250 hours, the feed-in tariff was increased up to 89 eu-ros/MWh. SEWRC said that electricity produced from renewable energy sources (RES) accounted to 8.4 % of overall national production until October last year, where the largest part was produced from hydropower, followed by wind and solar power. The min-istry of economy recently said that RES output reached 3.7 TWh or 10 % of national consumption.

§ § §

Lukoil to invest 1 billion dollars in Burgas refinery (Bulgaria)

Russian Lukoil announced it should invest some 1 billion dol-lars for construction of new installations for diesel fuel in its refinery Lukoil Neftochim, Burgas. This was said by chair of the Management board of the refinery, Sergey Andronov.

During the first quarter of the year, the company has completed basic design and set the deadlines for delivery of the necessary equipment. The new facility should be completed in four years and it will employ 300 people. In this moment, Lukoil Nefto-chim has 2,200 employees.

The company strongly denied recent rumors regarding closing and dislocation of the refinery.

Neftochim is the only oil refinery in Bulgaria. Its capacity is 142,000 barrels per day and it covers some 80 % of domestic fuel demand.

§ § §

Revised data: INA posted 54.2 million euros loss in 2009 (Croatia)

According to consolidated financial report published on Za-greb Stock Exchange (ZSE) in the beginning of April, Croatian oil industry (INA) has posted 3.34 billion euros of income in 2009, which was 20 % lower compared to 2008. In the same time, the company’s loss was reduced down to 54.2 million eu-ros (-64.4 %).

In 2008, overall sales reached 3.06 billion euros (-22 %). The long-term liabilities were increased up to 810 million euros (+26.5 %), while short-term liabilities were increased up to 1.27 billion euros (+16.5 %).

In a separate financial report, in accordance to international ac-counting standards, INA has published separated data for ac-tivities that will be interrupted (natural gas divisions) and for uninterrupted activities (oil divisions).

In 2008, overall income from uninterrupted activities amounted to 3 billion euros (-23 %), while sale income reached 2.8 billion euros (-24.9 %). Some 60 % of sale income came from domestic market. In the same time, net profit reached 84.7 million euros (+75 %).

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On the other hand, natural gas divisions of INA posted 138.9 million euros loss in 2009, compared to 200 million euros loss in 2008.

§ § §

Government set priority projects in electricity sector (Croatia)

In the beginning of April, government of Croatia set the list of priority projects related to construction of new power plants and other important facilities in electricity sector envisaged by the Strategy of energy development of Croatia until 2020. The most important projects in the list are ten power plants.

The priority projects for construction of power plants are the unit C (230 MW) in thermal power plant (TPP) Sisak, TPP Plomin 3 (500 MW), hydropower plants (HPPs) on Sava River, i.e. HPPs Podsused, Precko, Zagreb and Drenje (overall output of 120 MW), HPP Ombla (68 MW), HPP Kosinj (25 MW) and HPP Molve 1 and 2 (50 MW each).

TPP Plomin 3 will be replacement capacity for TPP Plomin 1, which is due to be decommissioned in 2016. The unit 3 should produce some 15 % of overall electricity in Croatia in 2016.

Minister of economy Djuro Popijac reminded that HPPs on Sava River would be important for regulation of river flow, while HPP Ombla will provide water supply for Dubrovnik area.

In the same time, the highest priority was given to construc-tion of high voltage substations near Dubrovnik, introduction of new system for management of electricity network, con-struction of high voltage substations near Rijeka, construction of 110kV power line Vinodol-Meline and replacement of 110kV power lines in Zagreb area.

Government said that gradual construction of power plants will reduce country’s dependence on electricity import (some 30-35 % of electricity is being imported) and it should provide long-term stability for domestic customers. Government also believes that new projects will boost investments and work-places as well as entire national economy.

Government instructed Croatian power utility (HEP) to prepare action plans, which should propose deadlines and funding for particular projects. The officials said that projects should be de-veloped in cooperation with strategic partners.

Local experts welcomed the government’s decision and warned that construction of new power plants should be initiated as soon as possible. Until 2016, some 600 MW in old power plants will be decommissioned, and even 1,100 MW until 2020. In this moment, HEP has been finalizing construction of HPP Lesce (42 MW), while construction of unit C in TPP Sisak was recently of-ficially started.

The most of the projects named by the government are the projects already developed by HEP. According to initial estima-tions, overall cost of particular projects is some 3 billion euros.

§ § §

EVN to sign another 30-year concession for natural gas network in Dalmatia (Croatia)

Parliament of Sibenik-Knin County has approved signing the 30-year concession contract with Austrian EVN regarding con-struction of natural gas distribution network in the County. EVN has already signed concession contracts in neighboring Zadar County and Split County, all in Dalmatia.

According to plans, some 200,000 customers will be connected to natural gas network in three Dalmatian counties, where EVN should invest several hundred million euros for construction of natural gas infrastructure.

§ § §

20 % increase in natural gas prices for industry (Croatia)

Starting from April 1, price of natural gas for distribution com-panies, which sell natural gas to industrial customers, and for industrial customers directly connected to natural gas grid, will be increased by 20 %.

The wholesale supplier, Croatian oil industry (INA), said that rise in prices was in accordance to tariff formula, which depends on price of oil derivatives and US dollar exchange rate.

It is expected that natural gas distributors would also increase tariffs for industrial customers by 20 %. Industrial customers spend some 18 % of natural gas in the country.

In the same time, local media said that large number of foreign investors could leave Croatia due to rise in natural gas and oil prices. Media say that prices in Croatia are considerably higher compared to neighboring countries.

§ § §

INA sold subsidiary Crobenz (Croatia)

In the first half of April, Croatian oil industry (INA) confirmed in a press release submitted to Zagreb Stock Exchange (ZSE) that it had sold its subsidiary Crobenz to Slovak registered in-vestment fund Slavia Capital Group, i.e. its subsidiary Progres Trading (PT).

Slavia Capital Group was established in 1995 and it has been active in Slovakia, Czech Republic, Serbia, Montenegro, Mac-edonia, Poland, Switzerland and Great Britain. PT has been in-volved in oil trade in Central and Eastern Europe.

INA did not reveal sale price. The official owner of Crobenz will be company Croatian Petrol Stations, member of PT. Crobenz has 14 petrol stations and wholesale division. Officials from PT said that company has been interested in expansion in Balkans, where acquisition in Croatia was the first step toward this goal.

As recalled, in June last year, after MOL acquired managerial rights in INA,

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Croatian Competition Agency (CCA) demanded from INA to sell Crobenz in accordance to competition rules. At the time, market share of MOL was increased up to 60 %. In February this year, sources said that interest for the purchase was also ex-pressed by Lukoil (Russia), Petrol (Slovenia) and Optima Group (Bosnia and Herzegovina).

§ § §

Government: Plinacro and HEP to acquire 11 % stake in Adria LNG consortium (Croatia)

Government of Croatia has recommended to natural gas trans-porter Plinacro and Croatian power utility (HEP) to establish joint venture company LNG Croatia that would acquire 11 % stake in Adria LNG consortium, which is involved in construc-tion of liquefied natural gas (LNG) terminal on Krk Island.

By this, government cancelled its previous decision regard-ing establishment of company, which should have been es-tablished by HEP, Plinacro and Croatian oil industry (INA) and which should have acquired 25 % stake in the project.

Government explained its decision with changes in energy sec-tor and in business environment as well as with strategic and ownership changes in involved companies. The latest clearly referred (although it was not said by the government) to the latest changes in INA, where MOL acquired managerial rights. In this way, the government will lose controlling stake in LNG project, analysts said.

Adria LNG consortium is established by German E.ON Ruhrgas, Austrian OMV, French Total and Slovenian Geoplin. The capac-ity of the future LNG terminal should be 10-15 billion cbm per year.

§ § §

Government approved 14.4 million euros loans to HEP (Croatia)

The government of Croatia issued approval to Croatian power utility (HEP) for acquiring two loans. The first, 10 million euros loan, will be used for construction of new high voltage substa-tion, and the second, 4.4 million euros loan, will be used for company’s liquidity.

HEP plans to build new high voltage substation near Dubrovnik, which construction was prompted by recent incident in exist-ing substation.

§ § §

New chair of INA appointed (Croatia)

Croatian oil industry (INA) confirmed that Supervision board accepted resignation of the former chair of the Management board Laslzo Geszti and appointed Zoltan Aldott a new chair.

Zoltan Aldott is exploration and production executive vice president of MOL, strategic partner of INA, since September

2004. He was deputy chair of Supervision board of INA since 2003.

In the related news, sources from the government of Croatia said that INA still owes some 55 million euros to the state budget. INA was obliged to pay the debt until the beginning of April.

Sources say that government allowed INA to delay the pay-ment since extraordinary shareholders assembly of INA should take place on April 19. During the assembly, INA should reach decision on issuing of 200 million euros of convertible bonds, which should be offered to main shareholders, i.e. MOL and the government.

§ § §

New wind farm (Greece)

EDF Energies Nouvelles has put in operation its eight wind farm in Greece. Power plant has output of 18 MW and it is lo-cated in Skopia, north from Athens. Farm is consisted of 6 wind turbines (Vestas), each 3 MW.

EDF Energies Nouvelles has started business in Greece in 2005, and currently owns 205 MW output from 8 wind farms. Com-pany is also involved in solar, biomass and SHPP business.

Currently, Greece has 1 000 MW of installed output from wind farms.

§ § §

EVN – ELEM dispute not solved yet (Macedonia)

EVN and ELEM still have not found solution to their dispute. Court session was to be held in mid April, but EVN submitted request for delay. ELEM has confirmed that session will be post-poned for one month, till mid May. In this one month period, solution to dispute could be reached. ELEM requests from EVN to retreat the lawsuit filled to arbitrage court in Washington. On the other hand, EVN requests from ELEM to retreat its lawsuit.

EVN Macedonia has published “White book” on their website (www.evn.com.mk). Document contains arguments regarding dispute with government and ELEM, from EVN point of view.

§ § §

MEPSO to reconstruct its dispatch center (Macedonia)

MEPSO has started with reconstruction of its National dispatch center. Existing equipment has been delivered in 1995. MEPSO will invest 350 000 EUR in this project. New equipment will be delivered by company Barco.

Recently, Macedonian production utility, ELEM, put in opera-tion new dispatch center, which will enable better planning and coordination of Macedonian production capacities. 2.2 million EUR was invested.

§ § §

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3 companies won a tender for gasification project development (Macedonia)

Tender for development of projects for main gasification routes has been finished. Ministry for transport has evaluated bids and selected local company “Prima Inznjenering” as best bidder for first package (Kleovce – Negotino). For second and third package (Negotino – Bitola, Stip - Hamzali), ministry has selected Ukrgazproekt from Ukraine. For forth package (Ham-zali - Stojakovo), “DIWI consult international GmbH, from Ger-many is selected

By tender, it is requested that developing period for technical documentation is no longer than 12 months. Worth of tender for development of technical documentation is estimated to 2.7 million EUR.

Gasification of Macedonia is expected to be finished during 2015, and it will cost 270 million EUR. Ministry for transport has determined routes with highest priority for natural gas infra-structure, which will amount 300 kilometers.

Project documentation has been divided in 4 packages: Kleo-vce – Negotino (100 km), Negotino – Bitola (100 km), Stip – Hamzali (60 km), Hamzali – Stojakovo (50 km)

According to government, construction works could start dur-ing 2011. Gas network should be connected to IGI (Intercon-nection Greece Italy).

§ § §

Construction of wind park could start this year (Macedonia)

ELEM has confirmed plans for construction of 50 MW wind park. Wind park will be located near city Bogdanci, near Vardar River. Wind farm could generate up to 100 GWh of electric energy an-nually. 78 million EUR is needed to be invested in the project. It is expected that wind park will be operational by 2012.

Recently, ELEM has announced construction of this wind park near city Bogdanci. ELEM has presented feasibility study to representatives of European Bank for Reconstruction and De-velopment (EBRD), European Investment Bank (EIB)) and World Bank.

§ § §

EPCG and NTE to establish joint venture Zeta Energy (Montenegro)

Power utility of Montenegro (EPCG) and Norway’s NTE will es-tablish joint venture company Zeta Energy. The company will be involved in electricity production from renewable energy sources (RES).

EPCG will invest in new company its small hydropower plants (HPPs) Glava Zeta and Slap (estimated worth of 8.3 million eu-ros and overall annual output of 15.5 GWh) and it will hold 51 % stake in joint venture. NTE will invest some 7.9 million euros in new company.

EPCG said that establishment of Zeta energy was the result of successful cooperation of two companies. The main priorities for new company will be reconstruction of small HPPs Glava Zeta and Slap, and possible construction of HPP Rosca.

§ § §

Construction of wind farms to start next year (Montenegro)

Deputy minister of economy Miodrag Canovic confirmed that companies that will build wind farms Krnovo (50 MW) and Mo-zura (46 MW) should be selected in the second half of April. Ac-cording to Canovic, construction works could start next year.

As recalled, the bids for construction of wind farm Krnovo were submitted by consortium Ivicom Consulting & Mitsubishi Heavy Industries and Eyra Madrid, while only bid for wind farm Mozura was submitted by consortium of Spanish Fersa Ener-gias Renovables S.A. and local company Celebic.

Deputy minster said that most likely winners in the tender, published in December last year, should be Ivicom Consulting & Mitsubishi Heavy Industries and consortium led by Fersa.

The future investors will sign 20-year concession contracts for lease of particular sites. During the first 12 years, price of elec-tricity produced in wind farms will be fixed and guaranteed.

§ § §

European Commission to provide help for construction of HPPs on Moraca River (Montenegro)

European Commission (EC) is ready to help Montenegro in finding the balance between economic benefits and environ-mental protection in the project for construction of new hy-dropower plants (HPPs) on Moraca River. This was said by Karl Falkenberg, director general in Directorate-General for the En-vironment during talks with minister of environment of Mon-tenegro Branimir Gvozdenovic.

Falkenberg pointed out that final decision regarding construc-tion of four HPPs on Moraca River should be reached by Mon-tenegro, while EC should only provide the expertise. Falken-berg praised transparent public debate on Detail spatial plans and Environmental impact study, saying it was one of the crite-ria of EU for such projects.

As recalled, public debate regarding construction of HPPs on Moraca lasted until mid April, where over 40 NGOs from Mon-tenegro strongly opposed the project. Most of the NGOs said that project was neither economically nor ecologically feasible. NGOs initiated signing the petition against the project.

On the other hand, minister of economy Branko Vujovic be-lieves that electricity produced in future HPPs would be cheap-er compared to actual prices in the country. He also said that construction of HPPs would be beneficial for entire national economy.

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Four cascade HPPs will have overall power output of 238 MW and annual electricity production of 700 GWh. The cost of the project is estimated at some 550 million euros. The prequali-fication tender for construction of HPPs on Moraca River was published in the end of February. The future concessionaire will own and operate HPPs in period of 30 years.

§ § §

Parliament ended debate on Energy and Energy efficiency laws (Montenegro)

In the beginning of April, parliament of Montenegro finished official debate on draft Energy law and Energy efficiency law. The parliament is due to issue its final opinion on laws.

According to proposed laws, electricity, natural gas and coal prices will be set on market basis or by contracts between seller and buyer in accordance to rules set by the energy regulator.

Opposition parties were against the proposal on liberalization of coal prices, since it could influence final electricity prices.

In the same time, Energy efficiency law has established frame-work for rationalization of energy consumption and for energy savings. During the debate, minister of economy Branko Vujo-vic reminded that Montenegro imports some 33 % of electric-ity and 55 % of liquid fuels and natural gas.

§ § §

Wind farm project in Cogelac halted by local officials (Romania)

The construction of the wind farm in Cogelac, the part of the 600 MW wind farm project developed by CEZ, has been halted by the major of Cogelac, who said the project did not acquire necessary permits.

Major of Cogelac Cati Hristu said that CEZ has installed three turbines in Cogelac so far. CEZ has started construction works in Cogelac in accordance to construction permit issued in 2006, which was now revoked by the major.

Some sources said that local authorities were in favor of CEZ’s competitor Eolica, which announced construction of its wind farm in the same area. CEZ confirmed it would suspend works in Cogelac until resolution of the dispute.

The future wind farm in Fantanele and Cogelac should be the largest onshore wind farm in Europe. The construction works have started in summer last year. So far, CEZ has installed 46 out of 139 wind turbines in Fantanele, where the rest should be installed by September this year. In Cogelac, CEZ should install 101 wind turbines. Power output of the single wind turbine is 2.5 MW.

§ § §

Petrom to become electricity producer in 2011 (Romania)

The largest company in the country, oil and natural gas com-pany Petrom, confirmed it would start production of electricity in 2011, when 860 MW natural gas fired power plant in Brazi should be put in service.

The thermal power plant (TPP) in Brazi has been developed since 2009. The worth of the project is estimated at 500 mil-lion euros, and the TPP will be built by consortium of General Electric (USA) and Metka (Greece) under turnkey agreement by September next year.

Petrom, majority owned by OMV, operates network of 550 pet-rol stations in Romania and 270 stations abroad. It has maxi-mum refining capacity of 8 million tons per year, while its prov-en oil and natural gas reserves stand at 0.9 billion boe.

§ § §

Termoelectrica posted 71 million euros loss in 2009 (Romania)

State-owned electricity and heat producer Termoelectrica posted 71 million euros loss in 2009. According to general man-ager of Termoelectrica, in 2008, company’s loss was 83.4 million euros. In this year, company’s loss is estimated at 66.3 million euros.

Termoelectrica has four branches, Borzesti, Braila, Doicesti and Paroseni, and seven subsidiaries, among them thermal power plants Galati, Deva and Bucharest.

§ § §

Hidroelectrica and Alro Slatina signed electricity supply agreement until 2018 (Romania)

Aluminum producer Alro Slatina and electricity producer Hid-roelectrica signed a long-term electricity supply agreement un-til 2018. Hidroelectrica will deliver 3 TWh of electricity per year to Alro Slatina.

Alro Slatina refused to reveal the purchase price, yet it said the price would be 25 % higher compared to current prices paid by the company. According to market sources, aluminum pro-ducer will purchase electricity at price of 31-37 euros/MWh, i.e. overall worth of the nine-year contract should vary between 850 million and 1 billion euros. The price of electricity will de-pend on several factors, such as aluminum price.

Alro Slatina is the largest industrial customer in Romania. Abovementioned annual contracted quantity accounts to 5.5 % of national consumption in 2009.

Local media said that two sides rushed to sign the long-term agreement before establishment of integrated energy compa-ny, by which establishment Hidroelectrica should be separated in two parts.

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§ § §

MoU for construction of natural gas infrastructure with Georgia and Azerbaijan (Romania)

On April 13 in Bucharest, Romania, Georgia and Azerbaijan signed the Memorandum of understanding for construction of natural gas infrastructure aimed to transport natural gas from Azerbaijan via Georgia and Romania toward EU.

The MoU was signed by minster of economy of Romania Adrien Videanu, minister of industry and energy of Azerbaijan Natig Aliyev and minister of energy of Georgia Alexander Khetaguri.

The project called AGRI (Azerbaijan-Georgia-Romania Inter-connection) includes construction of two liquefied natural gas (LNG) terminals, one in Georgia and one in Romania. The cost of the project is estimated at 2-4 billion euros, but previous es-timates say that cost could reach even 4-6 billion euros.

According to MoU, project company that will carry on feasibil-ity study will be registered in Bucharest in the next couple of months.

Minister of economy of Romania Adrien Videanu believes that AGRI project could be developed faster than Nabucco. He said that project would deliver natural gas to Romanian customers too.

The capacity of the project is estimated at 7 billion cbm per year, where Romania might import some 2 billion cbm. In 2009, Azerbaijan has produced 23.5 billion cbm of natural gas, while, in 2010, production should reach 28.5 billion cbm. The coun-try’s naturla gas reserves are estimated at 2,200 billion cbm.

§ § §

Petrom to build wind farm in Dobrogea County (Romania)

Oil and natural gas company Petrom confirmed it had pur-chased wind farm project in Dobrogea County from company Wind Power Park Ltd. The project has all necessary permits and power output of the future farm will be 45 MW.

The farm should be put in service in 2011, and the cost of the project is estimated at 100 million euros (including acquiring of the project). The farm will have Vestas V90 turbines. Petrom will evaluate option for enlarging the output of the farm up to 54 MW.

This is the second electricity generation project started by the largest Romanian company. Petrom has already started project for construction of natural gas fired thermal power plant (TPP) Brazi (860 MW).

The wind farm project would utilize flexibility of TPP Brazi, where Petrom wants to use benefits of both technologies. Mar-iana Gheorghe, CEO of Petrom, said that investments in wind farms are the part of company’s sustainable development. In

medium term, through complementary nature of natural gas and electricity and development of renewable energy projects, Petrom will make transition from oil company to en-ergy company, Gheorghe said.

§ § §

Siemens mulls construction of offshore wind farms (Romania)

Petru Ruset, the manager of energy products solutions and services in Siemens Romania, believes that Romania has un-exploited potential for construction of offshore wind farms.

Ruset confirmed that Siemens has been involved in develop-ment of many offshore and onshore wind power projects in Romania. Siemens’s official believes that the best onshore re-gion for development of wind farms, Dobrogea County, has been already saturated and reasonable option for potential investors would be offshore projects. Development of such project last 3-5 years, where installed capacity of offshore wind turbines is some 3.6 MW compared to 2.3 MW onshore.

In this moment, Romania has no legislation related to con-struction of offshore wind turbines, which should be clarified by new regulations this summer.

In the related news, European bank for reconstruction and development (EBRD) said it has been considering providing funds for two wind farms in Romania, which are being devel-oped by Portuguese company EDP Renovavies. Overall out-put of those farms is 228 MW, where 90 MW will be built in Pestera and 138 in Cernavoda. The construction works have already started and the projects have acquired all permits.

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180 million euros to be invested in Kolubara in 2010 (Serbia)

The largest lignite mine in the country, the Kolubara, plans to invest some 180 million euros in this year. Some 100 million euros will be used for purchase of new equipment, disloca-tion of rivers and expropriation of land. 80 million euros will be invested for dislocation of Vreoci village for the purpose of enlargement of the mines.

Deputy director of Strategy and investment department of Power utility of Serbia (EPS), Slobodan Mitrovic, said that funds for investments will be provided from company’s in-come, commercial loans and government’s loan.

In the last year, Kolubara posted 2.2 million euros of profit, while overall income reached 346 million euros. Kolubara produces 30 million tons of lignite per year, which is being used for production of some 50 % of electricity in Serbia.

The company said that lignite production in March this year reached 2.8 million tons, which was 4 % higher than planned.

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Srbijagas: Gazprom to start pumping natural gas into Banatski Dvor in mid May (Serbia)

Director of natural gas company Srbijagas, Dusan Bajatovic, an-nounced that Russian Gazprom would start to pump natural gas into underground facility in Banatski Dvor in mid May.

Russian company, i.e. its subsidiary Gazprom Germania is due to takeover 51 % stake in the facility, while the rest will be owned by Srbijagas. In this moment, Srbijagas still owns 56 % of the facility, where this should be changed soon, Bajatovic said. The founding capital of the company will be 50 million euros, where Gazprom should invest some 25.5 million euros. CEO of the company is Vladimir Kuznecov.

Bajatovic confirmed that construction works in the facility were under way, where new compressor was due to be installed. Af-ter completion of the first phase of the construction, the facility will be able to store 3.7 million cbm of natural gas per day, and it would be able to deliver 6 million cbm per day. The second phase of enlargement of the facility will depend on construc-tion of South stream pipeline and demand of the market in Ser-bia.

In the beginning of April, some 200 million cbm of natural gas has been stored in the facility. According to the agreement be-tween Srbijagas and Gazprom, some 470 million cbm of natural gas should be stored by the end of the year.

In the related news, director of Srbijagas Dusan Bajatovic said that overall debts of the Srbijagas’s customers amounted to 120 million euros, out of which 90 million euros is owed by heating companies and industrial customers. The heating company in capital owes some 50 million euros, Bajatovic said. He reminded that natural gas prices remained unchanged, but only because of political agreement.

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Prime minister: liberalization of oil market in 2011 (Serbia)

Prime minister of Serbia Mirko Cvetkovic announced that mo-nopolies in oil and natural gas market would be terminated on January 1, 2011. PM said this on the opening ceremony of In-ternational conference on competition in Belgrade. During the same occasion, PM Cvetkovic said that electricity market too should be open for new producers.

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Comico oil still waits for approval for construction of oil refinery (Serbia)

Comico oil (CO), subsidiary of Comico Overseas, should wait un-til June this year in order to decide whether it will start project for construction of oil refinery in Serbia.

In 2008, CO announced plans for construction of 250 million dollars worth oil refinery in Smederevo, when Memorandum of understanding was signed by CO and the Smederevo munici-pality. According to MoU, daily output of the refinery should be 4,000 tons of gasoline, euro diesel and kerosene. New refinery should be built in period of 36 months.

In January this year, CO submitted only bid in the tender for 99-year lease of 113 hectares of the land for the purpose of the construction of the oil refinery. CO offered 4.2 million dollars for the land.

However, municipality of Smederevo still failed to grant permit to CO for construction of the oil refinery due to political dis-putes in local parliament, where opposition parties now want to hold referendum on this issue. Municipality of Smederevo will have new session on April 20, when the issue of oil refinery would be considered.

Because of the latest delays, director of CO, Radomir Radivo-jevic, said that the refinery could be built in Belgrade, Kovin or Pozarevac.

In the same time, officials from city council of Belgrade an-nounced that CO and the council would start negotiations for construction of oil refinery near Belgrade if the negotiations with Smederevo municipality failed. Officials confirmed that major of Belgrade approved negotiations with CO.

§ § §

Company / organization: EBRD, related Serbia

EPS: Consultancy Services, Services, Works, Goods

Content: EPS has applied for a loan from the European Bank for Reconstruction and Development towards the cost of modernizing the electricity distribution in-frastructure in Serbia to enable EPS to reduce losses, improve the quality and reliability of supply, and im-prove energy efficiency.

The proposed project has a total estimated cost of 80 million EUR, of which 40 million EUR is proposed to be financed by the EBRD, and 40 million EUR by the European Investment Bank (EIB). The project will require the procurement of the following consultan-cy services, goods, works and services to be funded by the EBRD for:1. Goods and related services for purchasing of me-tering equipment for medium voltage, and the in-stallation of the aforementioned items;2. Goods and related services for purchasing of me-tering equipment for low voltage with remote read-ing and remote disconnection capabilities, and for cables, poles, metering boxes, and auxiliary equip-ment for the installation of the aforementioned items;3. Supplies and services for supply, implementation and training of hardware and software with the ca-pabilities of remote management, remote reading, and a measurement database4. Consulting services to support the Project Imple-mentation Unit established by EPS.Tendering for contracts under 4. above is expected to begin in the third quarter of 2010, and for the rest of the Project in the second quarter of 2010.

Tenders:

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Deadline: 17 February 2011 at 23:00, Belgrade time

Contact: EPS, Balkanska 13Belgarde 11000, SerbiaEmail: [email protected]: +381 11 3611 434Fax: +381 11 3611 908

Company / organization: EBRD, related Serbia

Srbijagas - Services, Works, Goods

Content: Srbjiagas intends using the proceeds of a loan from the European Bank for Reconstruction and Develop-ment for a project to optimize its capital structure through replacing emergency bridge loans with long term financing; undertake urgent works aimed at preserving the pipeline network integrity, and build a new underground gas storage facility. The proposed project, which has a total estimated cost of EUR150 million equivalent, will require the procure-ment of the following goods, works and services:

- Works: Pipeline network rehabilitation, including environmental protection and safety upgrade; and construction of a new underground gas storage fa-cility- Goods: Components for the pipeline network reha-bilitation (pipes, valves and fittings); Equipment and components for the new underground gas storage facility- Consultancy services: PIG survey fitness for pur-pose study; PIU support including procurement; Ba-sic design for the underground gas storage facility; feasibility study for storage/design/preparation of tender documents; feasibility study for interconnec-tion; Integrated Strategic Expansion plan study for Srbjiagas; and a Lenders Technical Monitor

Tendering for the above contracts is expected to begin at the end of the first quarter of 2010 for the consultancy services, and during the third quarter of 2010 for goods and works contracts.

Deadline: 17 February 2011, Belgrade time

Contact: JP Srbijagas, 12 Narodnog Fronta,21000 Novi Sad, SerbiaTel: +381 21 481 2703Fax: +381 21 481 4305 Email: [email protected]

Company / organization: EBRD, related Bulgaria

Energy efficiency rehabilitation at Martisa East mines

Content: . “Mini Maritza East” EAD (the “Employer”) intends using the proceeds of the grant funds provided by the “Kozloduy International Decommissioning Sup-port Fund” (the “KIDSF”), administered by the Eu-ropean Bank for Reconstruction and Development (the “Bank”) and of its own financial sources towards the cost of design, implementation and consultancy services for:A. Construction (Supply and Installation of Plant and Equipment) of on-line load control of the operation of the belt conveyors and excavators at “Mini Mar-itza East” EAD, Bulgaria.It shall include design, engineering, procurement, delivery, construction, installation, pre-commis-sioning and commissioning of on-line load control system (including software) to overburden removal, transportation and spreading facilities of Troy-anovo-1, Troyanovo-North and Troyanovo-3 Mines.

Content: The procurement of the contract is expected do be-gin in the beginning of the second quarter of 2010. B. Rehabilitation (Supply and Installation of Plant and Equipment) of the power supply system that shall include design, engineering, procurement, delivery, construction and installation of plant and equipment of 4 off installation platforms required for the construction of new mobile sub-stations20/6 kV and their transfer in Troyanovo-North Mines at “Mini Maritza East” EAD, BulgariaC. Rehabilitation (Supply and Installation of Plant and Equipment) of the substations, including instal-lation of new power transformers for Troyanovo-North and Troyanovo-3 Mines at “Mini Maritza East” EAD, Bulgaria.

D. PIU Consultancy service for advising the Employer in the procurement of the projects financed and co-financed from the Kozloduy International Decom-missioning Support Fund.

More info on:http://www.ebrd.com/oppor/procure/opps/goods/general/090925a.htm

Deadline: 24 Sept 2010 at 24:00, Stara Zagora time

Contact: Mr. Todor TodorovExecutive Director“Mini Maritza Iztok” EAD6260 Radnevo13 Georgy Dimitrov Str.Stara Zagora districtBulgariaFax : + 359 417 82417Email: [email protected]

Company / organization: EBRD, related Montenegro

EPCG Metering Proj. Goods, works, services & consultancy

Content: . Elektroprivreda Crne Gore (“EPCG”) has applied for a loan from the European Bank for Reconstruction and Development (the “Bank”) towards the cost of modernising the electricity distribution infrastruc-ture in Montenegro to enable EPCG to reduce losses, improve the quality and reliability of supply, and im-prove energy efficiency.

The proposed project has a total estimated cost of Euro 43 million, of which EUR 38 million is proposed to be financed by the EBRD, and will require the procurement of the following consultancy services, goods, works and services for:

(a) Goods and related services for purchasing of me-tering equipment for medium voltage, and the in-stallation of the aforementioned items;

(b) Goods and related services for purchasing of me-tering equipment for low voltage with remote read-ing and remote disconnection capabilities, and for cables, pillars, metering boxes, and auxiliary equip-ment for the installation of the aforementioned items;(c) Supplies and services for supply, implementation and training of software for remote management, remote reading, and measurement database(d) Consulting services to support the Project Imple-mentation Unit established by EPCG.

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Content: Tendering for contracts under (d) above is expected to begin in the final quarter of 2009, and for the rest of the Project in the second quarter of 2010. These components are anticipated to be financed princi-pally by the EBRD.

Contracts to be financed with the proceeds of a loan from the EBRD will be subject to its Procurement Policies and Rules and will be open to firms from any country. The proceeds of the EBRD’s loan will not be used for the purpose of any payment to persons or entities, or for any import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations or under a law or official regulation of the purchaser’s country.

Deadline: 3 Nov 2010 at 23:00, local time time

Contact: Mr Velimir StrugarDeputy DirectorFunctional Unit DistributionUl. Ivana Milutinovića 12,PodgoricaMontenegroFax: +382 20 241 235E-mail: [email protected]


Sofia District Heating Rehabilitation

Content: The Kozloduy International Decommissioning Sup-port Fund (KIDSF), administered by the European Bank for Reconstruction and Development (EBRD), was established in 2001 for the support of the de-commissioning of Units 1-4 of the Kozloduy Nuclear Power Plant. One of the purposes of this Fund is to finance or co-finance preparation and implemen-tation of selected projects that aim the necessary restructuring, upgrading and modernization in vari-ous Bulgarian industry sectors consequential to fi-nal shutdown of Units 1-4 of the Kozliduy Nuclear Power Plant.

Toplofikacia Sofia EAD, the single owned joint stock district heating company serving the city of Sofia carried out the rehabilitation of the centralized dis-trict heating system in the city. The District Heating Rehabilitation Project comprised the modernization of district heating substations, replacement of pipe-lines, compensators, valves, thermal insulation of over-ground pipelines, conversion to variable flow of the Sofia district heating network.

Toplofikacia Sofia EAD intends to use additional grant funds of the Kozloduy International Decom-missioning Support Fund (KIDSF) for continuation of the Project for replacement of the left, old, not au-tomated substations in Sofia district heating system. These funds shall be used for delivery, installation, testing and commissioning of: individual heating substations units for space heating and domestic hot water including. heat exchangers, circulation pumps, control valves and automation devices.Tendering for the above contracts is expected to be-gin in the first half of 2010. In case the KIDSF does not grant these additional funds to Toplofikacia So-fia, the tender procedure shall be cancelled.The budget for the project, subject of this GPN is about EUR 10 million.

Deadline: 19 Jan 2011 at 23:59, Bulgaria time

Contact: “Toplofikacia Sofia” EADMrs. Anastasiya Markova, PIU ManagerTel: +359 2 8593171Fax: +359 2 8599124Email: [email protected]

Company / organization: EBRD, related Albania

Ulza Hydropower Plant Rehabilitation

Content: The Ulza HPP is located on the Mat River close to the city of Lezha and has a total installed capacity of around 25 MW. The plant was built in 1952 and is one the oldest plants under the KESH’s operation which requires urgent rehabilitation. The Government of Albania and the European Bank for Reconstruction and Development (“EBRD” or the “Bank”) are pro-posing this technical cooperation assignment (“As-signment”) aimed at conducting a feasibility study for the rehabilitation of the Ulza HPP, however with-out increasing the dam capacity. The rehabilitation measures, identified in the Feasibility Study shall be taken into account in a potential rehabilitation Project, which will be implemented.

The rehabilitation and modernisation of Ulza HPP is planned, in order to:• Improve the environmental impact and the opera-tion safety for people and equipment of the HPP by implementing the best practices by means of a state of the art design of the new equipment and opera-tion procedures;• Increase the generation based on a up-to-date hy-drology assessment;• Increase the installed capacity up to the maximum possible percentage, reviewing the opportunity either to maintain or to increase the nominal dis-charge of the HPP;• Increase the availability, generation efficiency and therewith the reliability of Ulza HPP;• Decrease the operation and maintenance costs of the HPP;• Extend the units life time by at least 35 years; and• Implement a modern automation control and monitoring system, providing the flexibility and per-formance to operate on the Albanian market.

Deadline: 19 Mar 2010 at 17:00, Tirana time

Contact: Dr Marialis CeloDirector of ProjectKorporata Elektroenergjitike Shqiptare sh.aBlloku Vasil Shanto, Tirana , AlbaniaTel / Fax: + 355 4226 2148E-mail: [email protected]

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National Radioactive Waste Disposal Facility

Content: . The Kozloduy International Decommissioning Support Fund (KIDSF) has been established and is administered by the European Bank for Reconstruc-tion and Development (EBRD). One of the purposes of this Fund is to finance, or co-finance preparation and implementation of selected projects, which would require procurement of goods, works and services for establishment of the National Disposal Facility for Low and Intermediate Level Short Lived Radioactive Waste in an environmentally safe and cost effective manner.A Project Management Unit has been established and is in operation at State En-terprise Radioactive Waste to manage the projects notified below.This General Procurement Notice draws attention to the following new upcoming procurement activi-ties:• Pre-disposal Monitoring of the Radiana Site - Geo-desic Monitoring• Pre-disposal Monitoring of the Radiana Site – Geo-technical Monitoring and AnalysisThis project is for Geotechnical monitoring and anal-ysis of the Radiana site. The work • Pre-disposal Monitoring of the Radiana Site - Seis-mic Monitoring• Pre-disposal Monitoring of the Radiana Site – Geo-dynamic Monitoring• Pre-disposal Monitoring of the Radiana Site – Hydr-ogeological Monitoring and Geochemical Analysis• Pre-disposal Monitoring of the Radiana Site – Ra-diological Monitoring

• Pre-disposal Monitoring of the Radiana Site – Me-teorological Monitoring• Preparation of the Radiana Site• Technical Design and ISAR preparation for National Disposal Facility

More info on: http://www.ebrd.com/oppor/procure/opps/goods/general/091130a.htm

Deadline: 29 Nov 2010 at 23:59, Bulgaria time

Contact: Mr. Boris PekovExecutive DirectorState Enterprise Radioactive WasteBlvd, James Bourchier 51, fl.18Sofia 1407BulgariaFax. + 359 2962 5078e-mail: [email protected]


T

Content: . Bulgartransgaz Silistra, Kozloduy, Oryahovo Devel-opmentBulgartransgaz EAD (the “Employer”) intends to use the proceeds of the Grant funds provided by the Kozloduy International Decommissioning Support Fund (the “KIDSF”), administered by the European Bank for Reconstruction and Development (the “Bank”) and its own resources to finance the cost and complete the Project for delivery and construc-tion of high pressure gas pipeline to, and gas regula-tion stations in Silistra, Kozloduy and Oryiahovo.The Project, which has a total estimated cost of EUR 23.2 million, will require the following deliveries and construction services:A. Delivery of steel pipes and fittings for a gas pipe-line. B. Delivery of gas valves. C. Automatic Gas Regulation Stations (AGRS). D. Construction of high pressure gas pipelines and gas regulation stations. Construction and Commissioning of about 70 km gas transmission pipeline, optical fiber cable line within the gas pipeline easement and two AGRS.

More info on:http://www.ebrd.com/oppor/procure/opps/goods/general/090901a.htm

Deadline: 1 Sept 2010 at 00:00, Sofia time

Contact: Mr. Angel SemerdjievExecutive Director Bulgartransgaz EAD66, Pancho Vladigerov Blvd. Sofia 1336 BulgariaFax : + 359 29396462e-mail: [email protected]


Construction of wood biomass heating plant in town Triavna

Content: The project announced within this procurement no-tice will be partially financed from the Kozloduy In-ternational Decommissioning Support Fund (KIDSF), established in 2001 for supporting the decommis-sioning of Units 1-4 of the Kozloduy Nuclear Power Plant. One of the purposes of this Fund is to finance or co-finance preparation and implementation of se-lected projects that aim the necessary restructuring, upgrading and modernisation in the energy sector and improving energy efficiency.This General Procurement Notice draws attention to the forthcoming tender/s for supply of goods and installation of equipment for the construction of a modern biomass fired heating plant and the related district heating network in the town of Triavna.The tendering includes:1. Supply of loading machine and specialised wood transporting truck;2. Supply of district heating network pipes;3. Supply and installation of heating substations to customer sites.Overall budget for the project is Euro 4 million, from which Euro 0.8 million will be financed from KIDSF.The tendering for the above contract/s is expected to begin in the third quarter of 2009.

Deadline: 21 May 2010 at 00:00, Sofia time

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Contact: Mr. Svetozar TodorovInvestor’s representativeBioEnergia Triavna OOD4 Trapezitsa str., entr. 4, fl. 4Sofia 1000, Bulgariae-mail: [email protected]/Telefax: +359 2 989 89 50

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