Transgaz and E.ON sign partnership to develop Romania’s gas transmission and distribution infrastructure

Transgaz and E.ON Romania have signed a “Memorandum of Understanding” planning to cooperate in order to consolidate Romania’s energy security by aligning and correlating the development strategies regarding the natural gas infrastructure with the European Green Deal provisions and other European legal provisions in the field.

The Memorandum provides for specific collaboration along several lines, and it highlights the companies’ interest in developing new directions to collaborate by identifying and committing to shared interest projects in order to develop and transform the natural gas transmission and distribution infrastructure so as to serve the energy consumers in the long run, with no polluting emissions.

„SNTGN Transgaz has always been in the vanguard of Romania’s energy security development. We have succeeded that by interconnection projects, by the partnerships we entered into, by NTS developments. We have paid timely attention to the ramifications the European Green Deal and new fuels will have on the European energy sector. That’s why we have decided to enter into this collaborative partnership with E.ON, because together we can generate the symbiosis to consolidate Romania’s energy security. Transgaz has proven that it has the capacity to implement high importance, complex investment projects, under conditions of economic efficiency and operational safety. Through our future projects we will take further the mission we have assumed, with the same responsibility towards performance, competitivity, and for the sustainable development of the Romanian energy sector“, Ion Sterian, general director of Transgaz, has stated.

„We want to bring together the know-how the E.ON group has at European level with the one of Transgaz in order to develop the technologies and a resilient national infrastructure, well-prepared for the challenges of the future. Together with the natural gas infrastructure in place, the green energy transition can be much more cost effective, and the long term benefits for the consolidation of the energy security are obvious“, Volker Raffel, CEO E.ON Romania, has stated.

Defining a common action plan to consolidate and extend the natural gas infrastructure in line with the strategic decision of considering natural gas a transition fuel, as well as stepping up the research on the role national natural gas infrastructure plays in accommodating green gases, especially hydrogen, through relevant information exchange are two of the objectives targeted by the document.