The sums needed to boost gas storage capacity reach EUR500 million. The current gas storage facilities have an annual capacity of three billion cubic meters.
Investment in increasing extraction from deposits by 50% would reach EUR180 million by 2012.
Gas producer Romgaz Medias is the largest local operator of storage facilities. French-Belgian group GDF SUEZ, present on the Romanian energy market since 2005, has two small storage units.
Transgaz needs to invest some EUR256 million by 2013 in the rehabilitation of the gas transport system.