The contract was concluded with MET Romania Energy on Monday (January 11), following an auction on the Romanian Commodities Exchange.

Transgaz is 58.5% owned by the Romanian State and the remaining shares are distributed among other stock market investors.

The company ended the first nine months of 2021 with a net profit of RON112 million, down 45% on the year, and operating revenue before the balancing and construction activity of RON954 million, down 5% from the same period in 2020.