Interfax: Central Europe Energy news report of 31.10.2008

CZECH REPUBLIC & SLOVAKIA

Russia, Czech Republic may switch to direct contracts between oil suppliers, clients – Zhukov

Czech oil transporter Mero inks deal with TAL pipeline to counter drop from Russia’s Druzhba

PRESS: Russian group Phaeton buys Czech fuel retail chain Pap Oil

HUNGARY

Hungarian retail gasoline prices to fall HUF 3 per liter this week, diesel down HUF 2

PRESS: Lukoil Romania profit drops 7% y/y in January-September

POLAND

Poland’s PKN Orlen to benefit from sale of mobile telco Polkomtel, but price too low – analysts

Polish president hopes energy summit in Baku in November will be successful

China’s MI Energy to finance Polish Petrolinvest’s exploration work in Kazakhstan

GAS

HUNGARY

PRESS: Hungarian capital Budapest may sell majority stake in gas utility Fogaz

POLAND

U.S.-based FX Energy signs preliminary deal to explore two gas blocks in Poland

Polish chemical ZA Pulawy to sign deal on cooperation with gas monopolist PGNiG in 2008

Poland may buy liquefied natural gas from Turkey – official

COAL

POLAND

Poland’s top coal producer Kompania Weglowa posts PLN 23.4 mln net in January-September

HEAT, POWER & SEWAGE

HUNGARY

Hungarian state power group MVM sells 5.625 TWh electricity at auction

POLAND

Polish national grid PSE-Operator takes over high-voltage lines to Ukraine, Belarus

Supervisory board at Poland’s no. 2 power group Tauron approves strategy for 2008-2012

Ukraine won’t suspend electricity supplies to Poland from November 1 – Ukrainian ministry

Polish energy Enea boosts IPO discount to 20% for financial institutions, retail investors

Poland’s top energy group PGE loses vice-president in charge of investments

Three Polish state-controlled investors to build gas-fired power plant

ALTERNATIVE ENERGY

HUNGARY

Australian mining firm WildHorse to slow Hungarian uranium project amid market slump

EMERGING MARKETS NEWS HIGHLIGHTS

Kazakhstan’s Kashagan deal signed, commercial oil production to start by end of 2013

Gazprom, Ruhrgas to set up energy efficiency joint venture

CALENDAR

CZECH REPUBLIC & SLOVAKIA