Transgaz is a state-owned company, which is the technical operator of the national
natural gas transmission system in
Romania. The company handled in 2017 a quantity of 12.87 billion m³ of
natural gas.
The company has a total transport capacity of 30 billion m³ of
natural gas and a pipe network of 13,000 km.
Transgaz is a member of the
European Network of Transmission System Operators for Gas.
Connections to other countries
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Hungary through the
Arad–Szeged pipeline
The Arad–Szeged pipeline is a natural gas pipeline from Arad in Romania to Szeged in Hungary diversifying natural gas suppliers and delivery routes for the two countries and connects the two natural gas national grids. The pipeline attempts to ...
*
Ukraine through
Cernauti
Chernivtsi ( uk, Чернівці́}, ; ro, Cernăuți, ; see also other names) is a city in the historical region of Bukovina, which is now divided along the borders of Romania and Ukraine, including this city, which is situated on the upp ...
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Siret natural gas pipeline
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Bulgaria through
Negru Voda natural gas pipeline and
Giurgiu–Ruse pipeline
The Giurgiu–Ruse pipeline will be a natural gas pipeline transport, pipeline from Giurgiu in Romania to Ruse, Bulgaria, Ruse in Bulgaria diversifying natural gas suppliers and delivery routes for the two countries and connects the two natural ga ...
*
Moldova through
Iași
Iași ( , , ; also known by other alternative names), also referred to mostly historically as Jassy ( , ), is the second largest city in Romania and the seat of Iași County. Located in the historical region of Moldavia, it has traditionally ...
-
Ungheni gas pipeline that was inaugurated on 27 August 2014.
Shareholders
Although state-owned, Transgaz was partially privatised in 2007 and 2013 respectively.
The current shareholder structure, as of 2018:
*
Ministry of Economy A ministry of economy, ministry of commerce, ministry of economic affairs or department of commerce is a part of the government in most countries that is responsible for matters related to the economy or economic policy.
List
Examples of such mini ...
: 58,5097%
* Other shareholders: 41.4903%
Listing on the Bucharest Stock exchange
On 26 November 2007, Transgaz issued an
IPO on the
BSE aiming to earn around US$84 million for developing on the local market and abroad but at the end of the IPO offer the company earned a total sum of US$2.52 billion making it the largest IPO on the
BSE surpassing
Transelectrica
Transelectrica is an electricity transmission system operator in Romania. It is publicly traded company with 58,69% of the shares being held by the Ministry of Economy and Commerce, 13,5% by Fondul Proprietatea, and 27,81% being floated on the B ...
which earned US$308 million in 2006.
On 15 April 2013, there was a
SPO on the
BSE for 15% of the company that raised US$95 million.
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]
See also
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Arad–Szeged pipeline
The Arad–Szeged pipeline is a natural gas pipeline from Arad in Romania to Szeged in Hungary diversifying natural gas suppliers and delivery routes for the two countries and connects the two natural gas national grids. The pipeline attempts to ...
*
Nabucco pipeline
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European Network of Transmission System Operators for Gas
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Gazprom Transgaz Belarus
External links
Transgaz- company website
References
{{Authority control
Oil and gas companies of Romania
Natural gas pipeline companies
Companies listed on the Bucharest Stock Exchange
Mediaș
Companies of Sibiu County