Transgaz and DESFA signed cooperation memorandum – Romania, 28 September 2016

Romanian natural gas transmission system Transgaz announced that it has signed a memorandum of cooperation with its Greek counterpart DESFA. This memorandum will help to develop a common approach of current and future gas transportation projects, in compliance with the EU legislation.
The projects of common interest for both companies include the so-called Vertical gas Corridor and two-way gas transmission system between Greece and Romania. The memorandum was signed in Bucharest, between DESFA’s Executive President Sotirios Nikias, Transgaz’ President Ion Sterian and Transgaz’ CEO Petru Vaduva. The two companies also agreed on cooperation within the European organizations in which they both participate.

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