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Metka in deal with RWE to build Turk power plant

Metka in deal with RWE to build Turk power plant

Greek engineering firm Metka said yesterday it had signed a deal with RWE and Turcas Guney Elektrik Uretim to build a 450-million-euro 775-megawatt power plant in Turkey. As a contractor for the RWE-Turcas joint venture, Metka, a unit of metals group Mytilineos, will construct an electricity plant fueled by natural gas at Denizli, Western Anatolia.

Joschka Fischer: Next Year Crucial for Nabucco

Joschka Fischer: Next Year Crucial for Nabucco

European Union's Nabucco gas pipeline project will play an important role for Bulgaria's future and the coming year will be crucial for it, former German foreign minister Joschka Fischer said in Sofia. Fischer, now an adviser for partners in the Nabucco consortium, the German and Austrian energy giants RWE and OMV, arrived in Sofia to discuss the project with Bulgarian Prime Minister Boyko Borisov and other officials

China To Double Wind Power Installed Capacity This Year

China To Double Wind Power Installed Capacity This Year

China will add wind power installed capacity of 12 gigawatts this year, doubling the nation's total wind power capacity, Li Junfeng, deputy director of the Energy Research Institute under the National Development and Reform Commission, said Monday.

Czech Nuclear Tender Highlights Geopolitical Rift

Czech Nuclear Tender Highlights Geopolitical Rift

Czech power utility CEZ AS (BAACEZ.PR), Central Europe's largest company by market capitalization, just received initial bids in a $30 billion tender, the region's largest ever, to build five new nuclear reactors in Europe. But the utility, majority-owned by the Czech state, faces a strategic dilemma: whether to use western or Russian technology.

Eni Signs Initial Pact To Develop Iraqs Zubair Field

Eni Signs Initial Pact To Develop Iraq's Zubair Field

A consortium led by Italian energy giant Eni SpA (E) Monday signed an initial 20-year agreement with Iraq to develop the giant Zubair oilfield in southern Iraq, an Iraqi oil ministry official said.

RWE: Iran Not A Possible Nabucco Partner, Supplier

RWE: Iran Not A Possible Nabucco Partner, Supplier

RWE AG (RWE.XE) doesn't consider Iran as a potential seventh partner in the Nabucco pipeline consortium nor as a possible supplier of natural gas, a company spokesman said Monday.

Nuclear Power

Nuclear Power

German utility RWE has abandoned Bulgaria’s planned Belene nuclear power plant due to funding problems and Sofia will redesign the project in the next year to attract new investors, officials said yesterday.

Baskent Gas Sale

Baskent Gas Sale

Turkey will launch a tender to sell the state-run natural-gas distributor Baskent Dogalgaz, in the capital Ankara, toward the end of this year, Finance Minister Mehmet Simsek said at a conference yesterday.

Ukraine May Again Face Gas Payment Problem

Ukraine May Again Face Gas Payment Problem

Ukraine could again have problems paying for Russian gas, Prime Minister Vladimir Putin said Friday, raising the specter of new supply interruptions to Europe this winter.

Areva, Atomstroyexport, Westinghouse Confirm CEZ Bid

Areva, Atomstroyexport, Westinghouse Confirm CEZ Bid

France's Areva SA (ARVCY), Russia's Atomstroyexport ASE and U.S.-based Westinghouse Electric Company LLC Friday confirmed they are participating in a tender to build five nuclear reactors in Europe for Czech power company CEZ AS (BAACEZ.PR).

Gazprom To Up Gas Exports To Poland To 11Bcm/Yr-Source

Gazprom To Up Gas Exports To Poland To 11Bcm/Yr-Source

Russian gas major OAO Gazprom (GAZP.RS) will increase gas supplies to Poland to 11 billion cubic meters of gas, from 7 bcm last year, a person familiar with the matter said Friday.

Bulgaria Seeking New Investors For Nuclear Plant

Bulgaria Seeking New Investors For Nuclear Plant

Bulgaria is seeking new investors for its nuclear plant project in Belene following the withdrawal of German utility RWE AG (RWE.XE), Economy and Energy Minister Traicho Traikov said in an interview Friday.

Turkish Foreign Minister Arrives In Iraqs Kurdistan

Turkish Foreign Minister Arrives In Iraq's Kurdistan

Turkish Foreign Minister Ahmed Davutoglu arrived in the autonomous Kurdish region of Iraq Friday, as part of efforts to end a conflict with Kurdish rebels based across Turkey's southern border.

Turkey To Privatize Baskent Gas Distributor Yr End

Turkey To Privatize Baskent Gas Distributor Yr End

Turkey expects to start a tender process for the privatization of Ankara-based natural gas distributor Baskent Dogalgaz towards the end of this year, Finance Minister Mehmet Simsek said Friday, the Ihlas News Agency, or IHA, reports.