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Transgaz shareholders, called for approval of the financing Development Plan for 2019-2028

28 January 2020
Oil&Gas
energynomics

The shareholders of Transgaz were summoned, on March 4, to approve the financing of the “Development Plan of the National System of Natural Gas Transport for the period 2019 – 2028”, according to a report transmitted to the Bucharest Stock Exchange.

On the agenda is also the approval of the revenue and expenditure budget of SNTGN “Transgaz” SA for 2020 and the estimates for the years 2021 – 2022, and also the approval of the revision of some key performance indicators included in the Management Plan of Transgaz in the period 2017 – 2021.

Also, the GSM must decide the approval of the additional act to the mandate contract signed with the non-executive members of the Board of Directors of SNTGN “Transgaz” SA, which includes the revised indicators and the empowerment of the representative of the General Secretariat of the Government in the GSM to sign the additional acts to the mandate contracts of the non-executive members of the Board of Directors of Transgaz, according to financialintelligence.ro.

The GSM will also present the information on the deficiencies found by the control bodies in applying article 43 of GEO 114/2018.

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