The contract will be assigned trough public auction, while interested companies may file bids until June 14, Romgaz said in a statement Monday.
Romgaz is majority owned by the Romanian Economy Ministry, with an 85.01% stake. The ministry plans to sell 15% of its stake once the company is listed in Bucharest in 2011.
The company estimates a net profit of RON649.5 million in 2011, up nearly 28% on the year. (EUR1=RON4.086)