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Romania’s Transgaz extends gas transmission contract with Gazprom

Romania’s Transgaz extends gas transmission contract with Gazprom Romania’s Transgaz extends gas transmission contract with Gazprom


Bucharest, October 15 - Neftegaz.RU. Romanian gas transmission company Transgaz said it has extended its contract with Russia’s Gazprom for gas transit to Southeastern Europe by 3 months to the end of 2019.

The extension of the contract’s duration ensures that the transmission of gas from Russia to Turkey, Greece and other SEE countries is carried forward, Transgaz said in a bourse filing. Transgaz did not provide further details, according to  as cited by SeeNews.

Russia plans to suspend natural gas exports to southeast Europe through the Trans-Balkan Corridor, which crosses Ukraine, Moldova, Romania and Bulgaria before reaching Greece and North Macedonia, next year, the Russian ambassador to Serbia, Aleksandr Chepurin, said in March.

Transgaz is a state-owned company, the company has a total transport capacity of 30 billion m³ of natural gas and a pipe network of 13,000 km. Transgaz is a member of the European Network of Transmission System Operators for Gas.