WIEE Romania: Solutions to crisis don’t compensate the sluggish natural gas demand

The natural gas trading company WIEE Romania, a joint venture between Russian-based Gazprom and Wintershall with revenues of nearly €400 million in Romania, expects the natural gas demand to weaken further, which would weighs on the imported natural gas business. The general demand was very weak in the first half of 2009, due to the ongoing economic crisis. In 2009 the quantities will drop compared to the previous year. The reduction in gas consumption in Romania was transferred almost ...

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