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Romgaz to invest over RON 100 million in developing natural storage facilities in 2007

Romgaz company of Medias has earmarked RON 106 million for investment in the development of natural gas storage facilities in 2007, according to data with the Ministry of Economy and Finance (MEF).The 2007-2008 Winter Energy Programme provides for the storage of approximately 3.7 billion cubic meters of natural gas (787 million cubic metres of which would be inactive stock).Romania's natural gas underground storage facilities has developed continuously over the past years. Compared with the ...

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Energy & Environment

Thursday, July 26, 2007