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Orban: Transgaz has planned investments worth 1.1 bln. euro for this year

13 November 2020
Exploration & production
Energynomics

Transgaz has investment projects worth 1.1 billion euro for this year, aimed at achieving not only objectives of national interest, but also objectives that benefit the European Union, Prime Minister Ludovic Orban said on Thursday, after visiting Transgaz, according to Agerpres.

The prime minister added that Transgaz has “extremely important development projects for investment in operations”.

“Here I will refer to the project to expand the network through the Podişor – Tuzla gas pipeline, with a length of 308 kilometers, which connects the gas field for which there is an exploration license and the exploitation for the Exxon OMV consortium, an extremely important field, so it makes the connection between the Black Sea gas field and the BRUA pipeline. An extremely important project, which represents a commitment on our part to support this investment to start the exploitation of natural gas in the Black Sea, ensuring the connection of gas fields in a coordinated term with the start of operation, with, practically, the European transmission network of natural gas,” Orban also said.

Autor: Energynomics

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