At the beginning of 2019, shareholders approved in principle the establishment of Romgaz Furnizare, a joint venture of Romgaz and SAPE, Romania’s administration of state participation in the energy sector. The company was to supply natural gas and electricity to household consumers.
Adrian Volintiru, general manager of Romgaz, said Wednesday’s decision was not a major issue and Romgaz could set up its own supply and distribution company, without SAPE.