European Network of Transmission System Operators for Gas

Romania's Transgaz signs MoU on development of natural gas networks in Eastern Europe

Romania's Transgaz national natural gas transmission corporation signed on January 28 a Memorandum of Understanding (MoU) on the Partnership for the Development of Natural Gas Networks in Eastern Europe (EE-NGP), according to a press statement released on Friday to the Bucharest Stock Exchange (BVB). The memorandum was signed by all the entities that are members of the project.

Six international consortiums express interest in DESFA stake

There were expressions of interest from Europe, the USA and Qatar on Monday for a majority stake in Greece's natural gas transmission system operator DESFA.

The Hellenic Republic Asset Development Fund (TAIPED) managed to attract the interest of six bidders for the 66 percent stake in the gas firm. Most of the investors are from Europe.

Bulgaria, Greece, Romania and Hungary to link gas grids

Gas companies from Bulgaria, Greece, Romania and Hungary agreed to link their gas networks to increase security of supplies in southeastern Europe, the Bulgarian energy ministry said.

Grid operators Bulgartransgaz, DESFA, FGSZ and Transgaz as well as Greek-Bulgarian ICGB signed a memorandum of understanding for the project in Bucharest on Wednesday.