Browsing Tag

Transgaz

Romania: Transgaz needs working capital

Transgaz, the operator of the national natural gas transmission system, intends to borrow RON 300 million (over EUR 60 mln) for two years to finance the necessary working capital, according to an announcement published on the company's

Natural Gas: Facing a pricy winter

By Adrian Victor Manoliu, Forecasting and Balancing Coordinator, Engie Romania Regardless of the outcome of the heated debate impacting future offshore gas projects, Romania will face winter 2018-2019 with the same “source mix” it has…

Romania: Transgaz posts 30 pct profit drop

Romania’s monopoly gas transport system operator Transgaz had posted a 30 percent lower net profit for the first half of 2018 compared to the same period of 2017 as a result of its 11.5 percent lower revenues and a 3.61 percent increase in…

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