News and announcements

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

PRESS RELEASE

TRANSGAZ AND BULGARTRANSGAZ MADE ANOTHER IMPORTANT STEPT FORWARD IN THE COMPLETION OF THE INTERCONNECTION BETWEEN THE NEIGHBOURING ROMANIAN AND BULGARIAN GAS TRANSMISSION SYSTEMS

On 30 May 2016, Transgaz and Bulgartransgaz signed the contract with the Association INSPET SA – leader – SC HABAU PPS Pipeline Systems SRL – appointed as Contractor of the works for the construction of the DN 500 Back-up Danube Crossing (including the Danube Undercrossing) Pipeline to interconnect the gas transmission systems of Romania and Bulgaria, as a result of the public procurement procedure conducted in compliance with the Romanian applicable laws.

The ceremony for the conclusion of the trilateral contract took place at Transgaz’ Representative office in Bucharest and was attended by the representatives of the two gas transmission systems operators of Romania and Bulgaria as well as by the representatives of the Association INSPET-HABAU.

The Back-up Danube Undercrossing Pipeline to interconnect the gas transmission systems of Bulgaria and Romania will be completed by the end of 2016 and will have a maximum bidirectional capacity of 1.5 bcma.

The completion of the interconnection project Bulgaria-Romania is utterly important in terms of the security of gas supply to the region, allowing for the integration of the Southern Corridor gas sources into the Central and Western European markets.

Corporate Communication Department

Conclusion of a Cooperation Agreement between Transgaz and GRTgaz