Middle East Economic Survey


No 23



Romgaz Signs Deal With Gazprom For Gas Storage

Romanian state gas company Romgaz signed an agreement with Russias Gazprom on 28 May for the construction of several new gas storage facilities. Mediafax news agency quoted Romanian Economy Minister Adriean Videanu as saying that the agreement calls for the eventual doubling of the countrys storage capacity to 5-6 bn cu ms. He added: The expansion of the collaboration with Gazprom is related...