NATURAL GAS
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Transgaz Signs Memorandum With Ukrtransgaz For Natural Gas Supply Solutions
Romanian state-owned natural gas transport company Transgaz (TGN.RO) has signed a memorandum of understanding with its Ukrainian peer Ukrtransgaz to develop the natural gas infrastructure wh...
Romania, EC Agree On New Gas Price Calendar For Household Consumers
The Romanian government and the European Commission have agreed on a new gas price deregulation calendar for household consumers, which stipulates annual price hikes instead of the current q...
OMV Petrom Reaches Five Natural Gas Exploration Wells In Black Sea
OMV Petrom, the only oil and gas producer in Romania, and its partner, US ExxonMobil, have reached five exploration wells in the Black Sea, some completed and others in progress. Each such w...
Romgaz To Sell Natural Gas Worth RON25M To GDF Suez Energy In May-September
Romania’s state-run natural gas producer Romgaz (SNG.RO) and GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, have agreed to increase the value of a natural gas supply con...
Ten Largest Natural Gas Consumers Account For 30% Of Romania’s Gas Consumption
The ten largest natural gas consumers connected directly to the Transgaz (TGN.RO) transmission network used about 3.3 billion cubic meters of gas last year or 27.5% of the entire amount of g...
E.ON: Romania Lost Price Advantage On Natural Gas Segment
Romania has lost the price advantage it had through the local natural gas production once it completed market deregulation for non-household consumers, according to Frank Hajdinjak, the gene...
Natural Gas Price For Household Consumers May Increase By 7% In April Or July
The price of local natural gas for household consumers might increase by 7% this year, on April 1 or July 1, depending on government’s decision to annul or not the decision by which it suspe...
Romania, Bulgaria, Hungary And Greece Seek Natural Gas Interconnection
Bulgaria, Romania, Hungary and Greece plan to promote at the level of the EU a project to interconnect their natural gas networks into the Aegean Baltic Corridor and plan to require European...
Romgaz In Talks With Sterling Over New Acquisition At The Black Sea
Romanian natural gas producer Romgaz (SNG.RO) is in talks to take over a 32.5% stake in two offshore fields leased to Canada’s Sterling Resources, whose exploration in the area, carried out...