The contract was assigned on December 22, following negotiations, Romgaz said.

Bilciuresti is Romgaz’s largest storage facility, with a capacity of 1.3 billion cubic meters of gas.

The company’s total storage capacity reaches 2.76 billion cubic meters of gas annually.

Romania owns 85.01% in Romgaz and plans to list a 15% stake in Bucharest by the end of June.