Wednesday, August 4, 2010

Isra-Mart srl: Gazprom London interested to buy surplus carbon credits from Romania

www.isra-mart.com

Isra-Mart srl news:

NineO’Clock quoted Mr Adriean Videanu economy minister of Romania as saying that London branch of Gazprom is interested to purchase surplus carbon credits sold by Romania.

He added that several companies are interested to buy AAUs, including Mitsui, Sumitomo, Vitol, Nomura and Gazprom London. The government passed the state contract as basis of negotiation for the sale of AAUs. The minister of economy met representatives of the IMF, EC and WB, for talks over the income and expense budgets of companies controlled by the ministry, the targets set to curbing arrears and losses, privatizations and the sale of CO2 emissions.

Referring to privatizations, he said that, besides selling its minority stakes, the state also wants to privatize a number of companies: Avioane Craiova, IOR, the Mangalia Shipyards, Cuprumin and Moldomin. On the other hand, Videanu opened yesterday the construction works of the Cosmesti Marasesti Dam on the Siret River, Agerpres reports. The dam will have a dual purpose: while generating electricity, it will also protect downstream areas against floods.