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April 19, 2021
BUSINESS

GDF Suez Energy: Natural gas imported through Arad-Szeged, cheaper than Russian gas

The natural gas imported by utility provider GDF Suez Energy Romania, a subsidiary of French group GDF SUEZ, through the Arad-Szeged (Hungary) pipeline is cheaper than Russian gas, the CEO of the company, Eric Stab said yesterday during a seminar. According to Stab, approximately 15 pc of the gas imported by the company comes from Hungary and the difference is bought from companies agreed by Russian group Gazprom. According to the company official, demand for natural gas will increase as new gas-based power plants will be constructed. Meanwhile, the gas market must be liberalised, Stab said. In a different move, GDF SUEZ Energy Romania will install a wind farm in the Braila County, with a total capacity of 48 MW – the first of the kind to be operated by the company.

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