Interfax: Central Europe Energy news report of 10.10.2008

CZECH REPUBLIC & SLOVAKIA

Czech fuel prices fall, led by diesel

Czech fuel prices drop, diesel down 40 hellers per liter -CCS

HUNGARY

Hungarian No. 1 oil firm MOL ups stake in Croatia’s INA to 47.15% via public offer

Hungarian retail gasoline prices to fall HUF 5 per liter this week, diesel down HUF 2

Hungarian oil company MOL seen holding at least 46.7% of Croatia’s INA after public offer

POLAND

Polish chemical companies sign letter of intent to jointly buy PKN Orlen’s chemical unit, Anwil

Norwegian upstream business should increase values of Polish PGNiG, Lotos – analysts

Russia’s Transneft to cut oil transit through Polish sea oil terminal Naftoport in Q4

Polish refiner Lotos and gas monopolist PGNiG bid for oil licenses on Norwegian shelf

GAS

POLAND

Polish gas monopolist PGNiG tariff hike warranted due to high gas import prices - analysts

Polish gas monopolist PGNiG’s talks on CNG supplies are in preliminary stage - vice-president

Polish gas monopolist PGNiG is unlikely to sign deal on LNG gas supplies by the end of 2008

Polish gas monopolist PGNiG lowers gas prices tariff increase request to URE

Polish gas monopolist PGNiG’s shareholders agree on sale of LNG terminal unit to State Treasury

Polish gas distributor CP Energia not obliged to maintain mandatory gas reserves for a year

Polish gas monopolist PGNiG mulls CNG to boost negotiating position with Gazprom - analysts

PRESS: Poland wants EU to react if natural gas supplies are endangered for one member state

Polish gas monopolist PGNiG’s decision to continue business in Pakistan no surprise - analysts

Polish gas monopolist PGNiG selects engineering firm PBG to enlarge underground gas storage

COAL

POLAND

Central European energy group NWR to acquire minority stake in Ukrainian ore producer Ferrexpo

PRESS: Lack of concessions block Polish coal miner JSW’s PLN 2 bln investment

PRESS: Poland establishes coalition of EU states to block energy climate package

HEAT, POWER & SEWAGE

HUNGARY

Hungarian gov’t awards HUF 500 mln grant for alternative energy firm PannErgy’s drilling unit

Romania’s electricity exports increase 72% y/y in January–August 2008 – statistics agency

POLAND

Ukraine intends to cut electricity exports to Poland in November

Poland wants EC climate package change so that entire EU carries CO2 reduction costs

Polish no3. power group Enea’s initial public offering to take place in November

Decision on Polish no 3. power group Enea IPO to be made late Wednesday

PRESS: Poland fails to change climate package in European Parliament

Polish Cabinet agrees to initial public offering of largest power group PGE

Polish Treasury to decide in coming days whether to hold IPO for power group Enea

ALTERNATIVE ENERGY

CZECH REPUBLIC & SLOVAKIA

Czech power group Skupina CEZ to buy 139 wind turbines from GE Energy

HUNGARY