Transgaz

Turkish company Kalyon has signed an agreement to build more than a 300-kilometer-long pipeline in Romania that will transport natural gas from the Black Sea.

The size of the Tuzla-Podisor gas transmission pipeline project is around 500 million euros, according to a statement released by the Romanian national gas transmission company Transgaz.

An important new gas pipeline from Iasi in Romania to Chisinau in Moldova, which will link Moldova to the European energy system via Romania and reduce its energy dependence on Russia, is now 90 per cent finished, the Moldovan Economy and Infrastructure Minister, Serghei Raileanu, said on Tuesday.  

Romania's national natural gas transmission system (SNT) was in a pre-alert state on Friday morning, according to the indicator that shows the actual volume of gas in the transmission pipelines, according to data posted by Transgaz, the SNT operator.

Bilateral trade growth and opening of markets in North Africa and the Middle East for Romanian companies represented the main topics for discussion at the 3rd session of the Joint Inter-Governmental Committee for Economic, Scientific and Technical Cooperation in Egypt, informs the Ministry for Business Environment, Trade and Entrepreneurship.

Moldova's parliament speaker Andrian Candu said on Tuesday evening that the country will soon start building the Ungheni-Chisinau pipeline section which will link Moldova to the European energy network via Romania "for sure".

The first section of the pipeline between Iasi in Romania and Ungheni in Moldova over the Prut river was inaugurated in August 2014.

National gas transmission company Transgaz announces having kicked off on Monday the construction of the BRUA pipeline, a project of national interest, namely Phase I, according to a press release by the Ministry of Economy.

Greece's privatization agency (HRADF) on Thursday called on the two consortia that submitted binding bids for the acquisition of a 66 percent stake in the country's gas grid operator DESFA to improve their offers.

This means the preferred investor will be determined in a new round of bidding.

The executive board of Greece's privatization agency, the Hellenic Republic Asset Development Fund (TAIPED), is set to approve a short list of candidates for the acquisition of a 66 percent stake in natural gas transmission system operator DESFA.

Greece received six expressions of interest for the sale of a 66% stake in state natural gas grid operator DESFA, the country’s privatization agency (HRADF) said in a press release on Monday.

The investor groups that responded to the tender are:

There were expressions of interest from Europe, the USA and Qatar on Monday for a majority stake in Greece's natural gas transmission system operator DESFA.

The Hellenic Republic Asset Development Fund (TAIPED) managed to attract the interest of six bidders for the 66 percent stake in the gas firm. Most of the investors are from Europe.