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October 4, 2022

Energy Ministry asks Romgaz to ensure natural gas stock for this winter’s demand

Secretary of State Bogdan Badea from the Ministry of Energy, Small and Medium-sized Enterprises and Business Environment this Wednesday requested Romgaz – Romania’s largest gas supplier and distributor – to set up the necessary gas stocks for the 2015-2016 cold season, for duly meeting household and industrial consumption, reads a release of the Ministry to Agerpres.

“I recommend you to timely start setting up the gas stock for the winter, for the system to be ready to cope with any amount of requests at any time. It is important that the storage facilities are well stocked and that we make sure that neither the population, nor the industry have problems with the supplies. Although the previous winters were relatively mild, there still have been some difficult moments caused by the drop in network pressure. We must act preventively and rely on our internal capacity to cope with a winter that could be frosty and lengthy. I want us to get ready for any possible situation,” said Bogdan Badea during Wednesday’s talks with the Romgaz management at the company seat in Medias.

In the context of the meeting in Medias, the Energy Minister official also inquired about the condition of the installations of the Iernut heat and electricity plant, which is a strategic facility in the balancing of Romania’s energy system.

Romgaz is Romania’s largest natural gas producer having the Romanian Government as major shareholder with 70 pct of the stake.

In 2013, Romgaz expanded its business by incorporating the heat and electricity plant at Iernut, central Romania, with an installed power of 800 MWh, and accounted in 2014 for a 2.4 pct share of the electricity market, according to Ministry data.

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