RELEASE
SNTGN Transgaz SA informs all those concerned that the company analyses regularly the opportunity to conclude cooperation agreements, partnerships, contracts or transactions in order to enhance the strategic share of the Romanian energy sector in the European market.
We would like to mention that two weeks ago, a delegation from Transgaz carried out a visit in Greece to discuss on the development of the Vertical Corridor to connect the gas transmission systems in Romania, Hungary, Austria, Bulgaria and Greece. This corridor will enable gas transmission from the Caspian Region towards Central Europe. The discussions with the Greek officials were strictly focused on the Vertical Corridor.
Further to the articles published in the Hellenic media regarding Transgaz’ acquisition of a 66% stake in DESFA - the Greek gas transmission operator – we would like to bring to your attention that, if the company’s main shareholder and the other shareholders decide to analyse and consider their involvement in the acquisition of DESFA’s shares as strategic, Transgaz will take all necessary actions to ensure a transparent notification process, in line with its reporting obligations under the capital market laws.
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