Romania's Transgaz signs memorandum with French GRTgaz

Romanian natural gas transmission operator Transgaz has signed a cooperation memorandum with its French counterpart, GRTgaz, that will help implement the European energy strategy in Romania, according to a press statement released by Transgaz to the Bucharest Stock Exchange.

“This memorandum is concluded between two leading companies in their area, GRTgaz and Transgaz. This initiative perfectly illustrates the cooperation and the connections that can take place between our countries, through professionals and volunteers. In this case — without disclosing all the details — it is an agreement for implementing the European energy strategy in Romania,” said the French Ambassador to Romania, François Saint-Paul, who attended the memorandum signing.

The collaboration agreement was signed under the high aegis of the Embassy of France. The memorandum was signed for the Romanian side by Transgaz board chairman Ion Sterian and director of the Transgaz European Funds Access and International Relations Department Ciprian Alic. On behalf of the French part, the memorandum was signed by GRTgaz general director Thierry Trouve and director for International Development Laurent Thery.

Transgaz is the technical operator of the national transmission system and is responsible for its operation in terms of quality, safety, economic efficiency and environmental protection.

GRTgaz is a European provider of gas transport networks and systems.

In France, GRTgaz owns and operates 32,320 km of underground distribution network and 27 compression stations for gas transmission between suppliers and consumers. GRTgaz provides public services to secure continuity in consumers’ supply and transmission services for network users.

Natalia Martian