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Press release

Press release 22.07.2016

Press release Memorandum Azerbaidjan

PRESS RELEASE

The conclusion of a Memorandum of Understanding between

Transgaz and PVGASCITY JSC

 

Yesterday,12.07.2016, SNTGN TRANSGAZ SA Romania and PVGASCITY JSC signed a Memorandum of Understanding in Vietnam.

The Memorandum was concluded on the occasion of the visit of the Romanian Prime Minister, Dacian Ciolos in the Socialist Republic of Vietnam, who opened the Romanian-Vietnamese Business Forum, organized under the auspices of the two countries' Chambers of Commerce and Industry.

Under the Memorandum signed in Hanoi, TRANSGAZ and PVGASCITY JSC espressed their intention to support mutually beneficial projects and to develop new lines of cooperation in the gas field. This Memorandum outlines the basic principles, the responsibilities and the framework for the coordination of the two partners' activities underlying the development of their future cooperation relationship. The Parties agreed to cooperate for a period of 1 (one) year, after having identified a set of measures on priority issues and after having defined their strategic vision and based on a market survey.

The Memorandum was signed by, Mr. Ion Sterian - the Chairman of Transgaz' Board and by Mr. Ciprian Alic the Director of the EU Funds and International Relations Division, on behalf of the Romanian party and by Mr. Bui Xuan Nang, Deputy Director of PVGASCITY JSC on behalf of the Vietamese party.

PVGASCITY JSC is authorized to build, operate and maintain gas distribution networks to residential and industrial areas in Vietnam. 

SNTGN Transgaz SA is the technical operator of the national gas transmission system and it is responsible for its operation under quality, safety, efficiency and environmental conditions.

 

Corporate Communication Department

Dear partners,
SNTGN Transgaz SA announces the publication by the National Energy Regulatory Authority, at Documents for public debate of the page www.anre.ro, of the Draft Order on the approval of the Methodology for transmission capacity booking and tariffs setting for natural gas transmission services through the Isaccea – Negru Vodă gas transmission pipelines The Annex of the Draft Order, the Methodology for transmission capacity booking and tariffs setting for natural gas transmission services through the Isaccea – Negru Vodă gas transmission pipelines may be read here.

16.06.2016

PRESS RELEASE

 

On 16.06.2016 Mr Klaus Iohannis, the President of Romania, together with the delegation of the Romanian Embassy of Romania in Sofia, visited Marten Site, Bulgaria, were the HDD works for the Danube undercrossing were initiated.

Mr President met the representatives of the companies involved in the project: Transgaz, Bulgartransgaz and  the constructor Habau.

Mr Ion Sterian, the Chairman of the Board of Administration of Transgaz, and Mr Petru Văduva, the Director – General of our Company, presented the interconnection project and discussed with Mr Iohannis about the project opportunities.

The Interconnection Bulgaria - Romania is the only project ensuring gas transmission on the southern gas route Azerbaijan-Turkey-Greece to Austria, through the Romanian section. The gas pipeline from Bulgaria to Austria via Romania and Hungary (BRHA - PCI 7.15, Project of Common Interest on the first list of PCIs) is significant at the regional level since after commissioning the pipeline will provide integration of gas sources from the Southern Corridor with the Central and Western European markets.

The implementation of this project ensures supply of gas from the Southern Corridor (the TANAP and TAP projects), the LNG terminals and other potential sources to the Balkans, Southern European and Central European countries, thus completing the Vertical Corridor between Greece-Bulgaria-Romania, to Hungary and Central Europe.

The project benefits from EU funding through the EEPR, according to Funding Decision C(2010)5962-06.09.2010, the maximum value of the grant amounting to EUR 4.5 million for the Romanian section and to EUR 4.1 million for the Bulgarian section.

The date of project completion according to the EC Funding Decision is 31.12.2016.

The project includes the building of two gas metering stations (at Giurgiu in Romania and at Ruse in Bulgaria), enabling gas flow in both directions.

 

The Institutional Communication Department

PRESS RELEASE

On 6 June 2016 the inspectors of the European Commission – Directorate General for Competition and of the Romanian Competition Council came to the headquarters of SNTGN Transgaz SA in Mediaș, the Representative Office in Bucharest and the EU Funds and International Relations Division for the performance of an inspection.

The inspection is based on Art. 20, paragraph (4) of Council Regulation (EC) No. 1/2003 on the implementation of the rules on competition laid down in Articles 81 and 82 of the Treaty which became Art. 101 and 102 of the Treaty on the Functioning of the European Union.

SNTGN Transgaz SA provides support to the representatives of the European Commission – Directorate General for Competition and of the Competition Council by making available to them of all documents and information requested.

 

                                                INSTITUTIONAL COMMUNICATION DEPARTMENT