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Deregulation 2005 P2



Power privatization advances in Oman
Laws past in Oman last August which are in the process of being implemented are set to drive privatisation of the water and power sector in Oman and open more opportunities for private investors, Robert Bryniak, chief executive of Oman's Power and Water Procurement Company said Monday.

Areva IPO delayed to 2006
French Finance Minister Thierry Breton said this week that the planned IPO of shares in the state nuclear group Areva has been set back until sometime in 2006, despite being announced for before the end of the summer just five weeks ago.

Russia establishes NW power company
Russia's power sector reform process moved forward this week with the establishment of an important regional power company covering with shareholders including Finland's Fortum group.

Commissioner welcomes SE Europe energy community
The prospective establishment of the Energy Community of South East Europe (ECSEE) simultaneously satisfies political and economic goals, said European Union (EU) Commissioner for Energy Andris Piebalgs at a recent seminar.

Siberia to join electricity market
The non-profit partnership Trading System Administrator (ATS) intends to launch an unregulated electricity market in Siberia from April 1, 2005. The Siberian market model will be similar to that already in operation in European Russia and the Urals.

RAO completes spin-off of 21 regional energos
Russian power group RAO UESR said Tuesday that it had obtained state registration for the spin-off of nine of its regional energos at the 1st of the year, and another seven yesterday.

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