ROMGAZ
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Romgaz Prepares To Join The Billion Euro Club
Romania’s largest natural gas producer Romgaz might see revenue reach EUR1 billion this year if it keeps the same growth pace as in the first half. The company is also getting ready to expan...
Romgaz Seeks Partners To Build New Units At Iernut Power Plant
Romanian state-run natural gas producer Romgaz Medias is looking for partners to build additional units at its Iernut thermal power plant and upgrade the existing ones, an official of the Ec...
Court Rejects Proprietatea Fund’s Appeal Against Romgaz Donation
Romania’s High Court of Cassation and Justice has irrevocably rejected a second appeal filed by investment fund Fondul Proprietatea (FP.RO) against a government-imposed cash donation from na...
Romgaz IPO Delayed Until March 2013
Romania will delay an initial public offering of a 15% stake in natural gas producer Romgaz Medias until March 2013 so that the company’s gas holdings may be assessed by a consultant, the go...
Dafora Inks Three Deals With Romgaz Worth RON20M
Romanian drilling company Dafora Medias (DAFR.RO) has signed three contracts with state-owned natural gas producer Romgaz for drilling and preparation works, worth a total 20 million lei (EU...
Economy Ministry: Romgaz Unlawfully Spent Over RON238M
Romanian natural gas producer Romgaz has wrongly spent more than 123 million lei (EUR27 million) on machinery and equipment, and another RON115 million on activities that did not improve its...
Unconventional Gas May Cover Romania’s Need Of Russian Gas - Romgaz Official
Unconventional gas, including shale gas, may relieve Romania of its dependence on Russian gas imports, which currently covers some 20-30% of national consumption, Monday said Radu Gheorghe,...
Listing Romgaz On Foreign Market Possible, Says Broker
Romanian natural gas producer Romgaz could be floated simultaneously in Bucharest and on a foreign exchange, but such a decision requires serious consideration, one of the brokers running th...
Romgaz, Transgaz To Have New General Managers
Romanian Economy Ministry plans to replace the general managers of its majority owned natural gas companies Romgaz Medias and Transgaz Medias (TGN.RO).