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Albania, Macedonia to start building 400kV power link in 2017

TIRANA, Dec 11 (Reuters) - Albania and Macedonia are planning to build a 400 kV transmission line between the two countries in 2017 and have it up and running by 2018 to improve their supply network and energy security, their energy ministers said on Friday.

UPDATE 3-UK power auction to benefit consumers, but deter new plants

* Low demand, diesel unit bids weighed price down - Bernstein (Adds government figure on cost to consumers)

Fidel Castro congratulates Venezuelan leader despite setback

HAVANA, Dec 11 (Reuters) - Retired Cuban President Fidel Castro congratulated Venezuelan President Nicolas Maduro for a "brilliant and brave speech" he gave the night he suffered a severe setback in legislative elections.

COLUMN-Britain's motorists should thank Ali Naimi for cheap fuel: Kemp

LONDON, Dec 11 (Reuters) - Britain's motorists have Saudi oil minister Ali al-Naimi to thank as the country's supermarkets cut the price of petrol to less than one pound per litre for the first time in six years.

Trina Solar withdraws from EU price undertaking

Dec 11 (Reuters) - Chinese solar panel maker Trina Solar Ltd said it withdrew from the European Union's price undertaking but will continue to serve EU customers through overseas manufacturing facilities.

Indonesian energy minister bemoans bad luck

JAKARTA, Dec 11 (Reuters) - It's not always easy being a reformist minister in Indonesia, as Sudirman Said, the country's energy minister, made plain in remarks on Friday.

Pakistan's economy grew 4.2 pct in 2015, but investors still wary -c.bank

ISLAMABAD, Dec 11 (Reuters) - Pakistan's economy grew 4.2 percent in fiscal 2015, but investors remain wary of systemic weaknesses, the central bank said on Friday, urging the government to adopt clearer, more consistent policies on industry and trade.

Glencore to sell Optimum Coal Mine in South Africa for $136 mln -administrators

JOHANNESBURG, Dec 11 (Reuters) - Glencore has provisionally agreed to sell its troubled South African coal mine for 2.15 billion rand ($136 million), narrowly avoiding closing the operation and saving hundreds of jobs, the unit's business rescue practitioners said on Friday.

Bulgaria starts test trading at day-ahead power exchange

SOFIA, Dec 11 (Reuters) - Bulgaria started test trading on Friday at its new day-ahead power exchange, which will become operational next month and help liberalise the country's energy market and make it more transparent.

No link between Indonesian govt and speaker over Freeport shares-minister

JAKARTA, Dec 11 (Reuters) - Indonesia's chief security minister on Friday said there was no connection between the government and parliament speaker Setya Novanto, who is fighting allegations that he tried to extort shares in the local unit of Freeport McMoRan Inc.

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