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Romania’s gas transport company Transgaz to invest EUR 1.9 bln by 2027

Romania’s natural gas transport system operator Transgaz has planned total investments of EUR 1.9 billion for the expansion of its pipe network, according to its development plan for the period 2018-2027, which will be submitted for approval to the shareholders on March 11.

read more... 25/02/2019

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Black Sea Oil & Gas gets Romania gas project permit but frets over new taxes

Romanian-based Black Sea Oil & Gas received a construction permit from the country’s energy ministry on Friday for an offshore gas project, but it said new taxes could make it hard to go ahead with the development.

read more... 05/02/2019

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Romania’s Transgaz gets EUR 138 mln loans from EIB for key pipeline projects

Romania’s natural gas transport company Transgaz announced on January 25 that it sealed the documents for a EUR 100 million loan from the European Investment Bank (EIB) for bringing Black Sea offshore gas to the BRUA (Bulgaria-Romania-Hungary-Austria) pipeline and the national gas system.

read more... 29/01/2019

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Engie takes over Gazprom’s Wirom gas distribution network in Romania

The French energy group Engie will take full control over the Wirom Gas distribution firm that is currently controlled by Gazprom (51.1%) with the rest of 48.8% shares held by Engie.

read more... 21/01/2019

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Importers hike the price of Russian gas in Romania

WIEE, a company that imports Russian natural gas to Romania, notified its customers about a 2% price hike effective January 1, 2019, local Economica.net reported.

read more... 15/01/2019

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