BMI View: Improvements in the refining sector have boosted refined fuels production, though 2016 is
proving to be tougher with margins expected to drop. The restart of exploration in the Black Sea is positive
for Bulgaria's oil and gas sector, which has suffered from ..."
BMI View: With snap elections called after a scandal relating to the oil and gas sector, a future
government could challenge the award of six onshore blocks. Contracts for the licenses were signed more
than a year after the bidding round, underlining concerns about un ..."
BMI View: The Czech Republic will remain highly dependent on imported oil and gas, mostly from Russia,
as conventional hydrocarbons production potential is limited. However the country will manage to slowly
diversify its gas sources through the STORK II project linkin ..."
BMI View: Power generation growth will be mostly stagnant in Czech Republic with a decline forecast for
2020 and 2022 as the Temelín nuclear reactors are decommissioned. Thermal power will remain the
dominant source of power generation to plug the deficit left by nucl ..."
BMI View: This quarter our fundamental assumptions for Denmark continue to be relevant. Taking into
account positive macroeconomic expectations for the Nordic region as well as sector trends, we continue to
expect power consumption growth in 2016. Similarly, we mainta ..."
BMI View: Slovakia has above-average energy import dependency compared with the regional average.
The country remains reliant on Russia but is actively pushing through several projects aimed at improving
bi-directional flows and establishing regional links for a regio ..."
BMI View: As units three and four of the Mochovce nuclear power plant come online, we forecast nuclear
capacity to increase 17.5% in 2017 and 15.2% in 2018. The increased power capacity from these plants
will contribute to an increase of total power generation capacit ..."
BMI View: Slovenia's upstream sector remains close to inexistent, with little to no oil or gas production
within our forecast period. While there is upside risk in the gas segment attributed to the Ascentoperated
Petiovci tight gas project, the initiative faces conti ..."
BMI View: We maintain our relatively upbeat outlook for the Swedish non-hydropower renewables sector
this quarter, as the expansion of the share REC scheme with Norway will be conducive to greater long-term
regulatory clarity in the market after a period of uncertaint ..."
BMI View: With small and declining hydrocarbon reserves, no exploration or field development activities
taking place and a ban on hydraulic fracking, Hungary holds a very weak position in the upstream sector.
While the country boasts an efficient downstream sector, ra ..."