GAZPROM FOR HUNGARY: +8.6%
GAZPROM - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and Trade of Hungary, took place in Moscow.
The parties addressed the ongoing and future cooperation, highlighting an increase in Gazprom's gas exports to Hungary. According to provisional data, Gazprom had supplied Hungary with 5.4 billion cubic meters of gas from January 1 to September 15, 2018, an 8.6 per cent rise from the same period of 2017.
The meeting also considered the prospects of storing the Company's gas in UGS facilities located in Hungary.
In addition, the parties discussed Hungary's plans for the development of the national gas transmission system.
In 2017, Gazprom supplied Hungary with 7 billion cubic meters of gas, an increase of 21.9 per cent against 2016 (5.7 billion cubic meters).
On July 5, 2017, Alexey Miller and Peter Szijjarto signed a roadmap to implement a number of measures aimed at developing Hungary's gas transmission system.
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PLATTS - Renewables' share in Germany's power mix is set to reach 38% this year, ahead of the government's 2020 target of 35% but below-trajectory for 2030's 65% target, utility lobby group BDEW said Thursday.
EBRD - the Bank will no longer finance thermal coal mining or coal-fired electricity generation. The Bank will also stop funding any upstream oil exploration, and will not finance upstream oil development projects except in rare and exceptional circumstances, where such investments reduce greenhouse gas emissions.
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IMF - Bolivia's real GDP growth is projected at 4.5 percent in 2018, one of the highest rates in the region. Growth is supported by continued accommodative policies, a second economy-wide wage bonus, and strong agriculture output.