PRESS RELEASE
SNTGN Transgaz SA Mediaș informs all those concerned of the following:
1. By Order No. 39/10 August 2016 issued by the National Energy Regulatory Authority it was approved the regulated revenue, the total revenue and the transmission tariffs for gas transmission activity the National Transmission System for the fifth year of the third regulatory period (1 October 2016 - 30 September 2017).
The total revenue approved for gas year 2016-2017 amounts to RON 1.101.667,33 thousand, similar to the previous gas year.
The diminishing of the gas transmission tariffs for the short-term (quarter, month, day) capacity booking products, as compared to the tariffs for the short-term capacity booking products of the previous gas year, and the seasonality specific to the gas transmission activity are factors which lead Transgaz to estimate the decreasing of the 2016 – 2017 gas year regulated revenue recovery from the using of the long-term booking products as compared to the previous gas year.
This re-orientation of the network users in the direction of using the short-term capacity booking products will have an impact on the achievement of revenue from the gas transmission activity in the sense of increasing revenue from the transmission activity during the winter season quarters and diminishing of revenue from the transmission activity during the summer season quarters.
2. By Order No. 40/10 August 2016 issued by the National Energy Regulatory Authority it was approved the total revenue amounting to RON 56,2 million and the transmission tariffs for gas transmission through the Isaccea 1 – Negru Vodă 1 pipeline for the period 1 October 2016 - 30 September 2017. These tariffs will be used as start-up price in the auctions organized compliant with Order No. 34/2016 of the National Energy Regulatory Authority.
THE INSTITUTIONAL COMMUNICATION DEPARTMENT
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