Tag: Romgaz

Romgaz strategy aims at diversification – Romania, 15 June 2020

Deputy CEO of natural gas producer Romgaz Robert Chirca said that the company’s strategy aims at diversification, with an investment budget worth some 3.25 billion euros in the next seven years. Chirca said that ongoing coronavirus pandemic and mild winter made Romgaz work at 50-60 % capacity, wh Full article available for subscribers of Energy […]

Romgaz and Liberty Galati to jointly develop CHP, RES projects – Romania, 12 June 2020

Romanian natural gas producer Romgaz and Liberty Galati, the largest steel mill in Romania owned by UK-based Liberty Steel, agreed to sign a Memorandum of Understanding (MoU) which envisages the establishment of a joint venture with a view to the development of greenfield investment projects, respec Full article available for subscribers of Energy NEWS service […]

EC Hunedoara insolvency complicates Romgaz’ planned investment – Romania, 12 June 2020

The insolvency of state-owned coal-based electricity producer Energy Complex (EC) Hunedoara may create difficulties for a major investment project of another state-controlled company – natural gas producer Romgaz. In April, Romgaz, in which the Ministry of Economy holds over 70 % of the shares, r Full article available for subscribers of Energy NEWS service (PDF […]