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Transgaz’s plans and forecasts for the period of 2020-2029

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PETROCHEMICALS

Transgaz’s plans and forecasts for the period of 2020-2029

Transgaz has made public the Plan for the Development of the National Gas Transmission System for the period 2020-2029. The plan is in public debate until May 29 this year - Romanian Energy Industry Review publishes the official statement of the company.

The investment objectives include:

  • diversification of natural gas supply sources for Romanian consumers
  • reducing the degree of dependence on gas imports from Russia
  • transmission to the European markets of Black Sea gas
  • development of a transmission capacity that will allow in the future the interconnection with the pipelines that will have as potential supply sources the liquefied gas from the Black Sea coast or shale gas.

Romania is the country with the market least dependent on imported gas. Besides its favourable geostrategic position, considering the resources discovered in the Black Sea, Romania could obviously play a defining role in the region.

In this context, the gas transmission infrastructure becomes the most important factor and Transgaz is currently facing a major challenge: the development – as soon as possible – of gas transmission corridors ensuring both the necessary degree of interconnectivity at European level and a sufficient gas transmission potential for capitalizing on resources on the domestic and regional markets.

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