Tag: gas transmission

470 million euros of last year’s investments in gas infrastructure to be completed in 2021 – Romania, 09 April 2021

According to the National Energy Regulatory Authority (ANRE), almost 470 million euros of investments in natural gas transmission and distribution infrastructure planned for 2020, will be completed during 2021. In the national natural gas transmission system, investments were made in a tota Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]

Transgaz terminated legacy contract with Gazprom – Romania, 22 February 2021

Romanian natural gas transmission system operator Transgaz announced that the legacy contract for gas transmission through the T3 transit pipeline on the territory of Romania to third countries, concluded with Gazprom Export and valid until 31 December 2023, was terminated by the mutual consent of t Full article available for subscribers of Energy NEWS service […]

Transgaz recorded 34 % lower profit in 2020 – Romania, 23 February 2021

Romanian natural gas transmission system operator Transgaz recorded a net profit in the amount of 46 million euros in 2020, which is by 34 % less compared to the previous year. The company’s operating revenues fell by 15 % to 273.2 million euros in 2020, while operating costs fell by 11 % year-on Full article available […]