Current report

The National Gas Transmission Company TRANSGAZ S.A. informs all those interested that in the meeting held on December 9, 2009, the Romanian Government has approved the Bill regarding the ratification of the Intergovernmental Agreement on the Nabucco Pipeline, concluded in Ankara on July 13, 2009 between Romania, Austria, Bulgaria, Hungary and Turkey and its forwarding for an emergency debate in the Romanian Parliament. Transgaz SA Medias is the company that represents Romania in the Nabucco Project, which, along with the companies OMV (Austria), MOL (Hungary), Bulgargaz (Bulgaria), Botas (Turkey) and RWE (Germany), holds an equal share of 16.67% of the share capital of the company Nabucco Gas Pipeline International, as the others. Nabucco Pipeline will transport the natural gas from the Caspian region and Middle East to Central Europe through five countries: Turkey, Bulgaria, Romania, Hungary and Austria, having a total length of 3300 km.