Romgaz

Romania and Azerbaijan signed the first individual contract for the delivery of Azeri natural gas

By RBJ S.N.G.N. Romgaz S.A. and Socar Trading, the subsidiary of the national oil company of the Republic of Azerbaijan, signed on December 16, 2022, the first individual contract for the delivery of Azerbaijani natural gas to Romania. The individual...

Romania, Azerbaijan: collaboration for the construction in Romania of the gas transport and liquefaction infrastructure in the Caspian area

By RBJ The state company Romgaz, the largest gas producer in Romania, signed a Memorandum of Understanding with SOCAR, the national oil company of the Republic of Azerbaijan. The two companies propose to build a natural gas liquefaction terminal and...

Romgaz becomes equal shareholder with OMV Petrom in the largest energy project for gas extraction in the deep perimeter of the Black Sea

By Jerom Bolt Romgaz, the largest natural gas producer in Romania, signed today the sale-purchase contract of all shares issued (representing 100% of the share capital) by ExxonMobil Exploration and Production Romania Limited (EMEPRL). EMEPRL owns 50% of the acquired...

In Q1 2022, Romgaz Romania signs the contract to take over 50% of Exxon Mobil’s participation in the Neptun Deep offshore gas project on...

By Edwig Ban Sources close to the energy sector inform that the Romanian state gas producer Romgaz (SNG.BX) will pay up to $ 1.07 billion to Exxon Mobil (XOM.N) for the 50% participation in an offshore gas project on the...

Romgaz will invest heavily in offshore partnerships in the Black Sea and in renewable energy

By Jerom Bolt The state-owned company Romgaz, one of the two largest gas producers in Romania, has planned investments of 15.69 billion lei by 2025, mostly in partnerships on offshore projects in the Black Sea, writes News.ro. The 2020-2025 development strategy...

Romgaz acquires 20% of Gastrade, the Greek owner of the LNG Alexandroupolis terminal

By Jerom Bolt The shareholders of Romgaz (SNG), the largest natural gas producer in Romania, have approved the acquisition of a 20% stake in Gastrade shares for the sum of 12.5 million euros, according to a statement issued by the...

The Black Sea gas fields attract major international companies

By Andra Beltz The national gas producer, Romgaz, is in talks with giant companies worldwide in the oil sector, along with analyzing the participation in the XI round of tenders for the concession of new perimeters in the Black Sea,...

Romgaz supports the development of the Southern Gas Corridor from Caspian and Middle Eastern regions to Europe

By Edwig Ban Today, in Azerbaijan, the fifth Annual Meeting of the Southen Gas Corridor Advisory Council (SGC Advisory Council) takes place. Romgaz SA Romania will reiterate its support for the development of the Southern Corridor project, but taking into...

Romgaz and the Azeri company Socar projects an alliance for gas exploitation and transportation

>>> The two companies are interested in natural gas from the Black Sea, but also in the TANAP and TAP pipelines By Edwig Ban After withdrawing from Poland, where he tried to discover new gas fields, Socar Azeri company's state-owned company, is...
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