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Electrocentrale Bucuresti Buys RON86.8M Worth Of Natural Gas From Romgaz
Energy

Electrocentrale Bucuresti Buys RON86.8M Worth Of Natural Gas From Romgaz

State-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) concluded a contract of RON86.87 million with natural gas producer Romgaz Medias (SNG.RO), for the acquisit...

Ecaterina Craciun · 30.10.2015 · 17:07 · 1 min
Romgaz, Transgaz Seal RON248M Deal On Natural Gas Transport
Energy

Romgaz, Transgaz Seal RON248M Deal On Natural Gas Transport

Romanian state-run gas producer Romgaz Medias (SNG.RO) closed a one-year contract worth RON248 million (EUR56.1 million) with natural gas transmission company Transgaz (TGN.RO), for natural...

Gabriela Stan · 20.10.2015 · 16:01 · 1 min
ELCEN: Romgaz Won’t Cease Gas Supplies, Debts To Be Paid In Two Years
Energy

ELCEN: Romgaz Won’t Cease Gas Supplies, Debts To Be Paid In Two Years

Romania’s largest natural gas producer Romgaz (SNG.RO) agreed not to cease natural gas supplies to state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) on Octob...

Gabriela Stan · 29.09.2015 · 12:57 · 1 min
Romgaz To Cease Natural Gas Supplies To ELCEN In October On Lack Of Debt Payment Program
Energy

Romgaz To Cease Natural Gas Supplies To ELCEN In October On Lack Of Debt Payment Program

Romania’s largest natural gas producer Romgaz (SNG.RO) will cease natural gas supplies to state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) unless the latter...

Ecaterina Craciun · 28.09.2015 · 19:33 · 1 min
Romgaz 2Q Net Profit Down 22% On Low Gas Demand
Energy

Romgaz 2Q Net Profit Down 22% On Low Gas Demand

Romania’s largest natural gas producer Romgaz (SNG.RO) Friday reported a 22.5% drop in its second-quarter net profit due to a decline in domestic gas demand.

Bogdan Neagu · 14.08.2015 · 10:08 · 1 min
Romgaz To Start Exploitation Of $1Bn Gas Field In Slovakia
Energy

Romgaz To Start Exploitation Of $1Bn Gas Field In Slovakia

Romania’s state-run gas producer Romgaz Medias (SNG.RO) will start the exploitation of a gas field in Slovakia in the last quarter of 2015, targeting a perimeter of which it holds a 25% stak...

Manuela Panescu · 31.07.2015 · 16:00 · 1 min
Energy

Ernst & Young Drafts Incentive Program For Romgaz Managers

Consultancy company Ernst & Young (EY) will draft, over the next six months, a performance-based bonus system for the middle management of Romanian state-run gas producer Romgaz Medias (SNG....

Manuela Panescu · 13.07.2015 · 14:00 · 1 min
Romgaz Starts Drilling In Slovakia In 3Q
Energy

Romgaz Starts Drilling In Slovakia In 3Q

Romanian state-run gas producer Romgaz Medias (SNG.RO) will start exploration drilling in three perimeters it leased in Slovakia in the third quarter of this year.

Oana Gavrila · 29.06.2015 · 11:39 · 1 min
Energy

Romgaz To Invest Nearly EUR300M This Year

Romanian state-run gas producer Romgaz Medias (SNG.RO) will have a record investment budget this year, of RON1.32 billion (EUR296.6 million), nearly 22% higher than in 2014.

Oana Gavrila · 29.06.2015 · 11:32 · 1 min