gas consumption
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Transgaz income climbs by 25% despite lower gas consumption
Transgaz Medias (TGN) natural gas transmission operator last year derived net income worth 298m RON (70.1m euros), up 24.7% year-on-year and slightly higher than the budgeted level. The company in the same period saw its turnover rise by 6%, to a level of 1.18...
Gas consumption up 30% due to cold spell
As a result of the extremely cold weather, the chemical industry only uses gas to keep its pipes warm, with energy generators switching to black oil, which is 50% more expensive than gas.
Crisis takes Romania back 20 years in terms of gas consumption
The Russian-Ukrainian conflict at the beginning of the year and the outbreak of the global crisis brought Romania's gas consumption to levels seen 20-30 years ago, according to representativ...
In times of crisis, Romgaz invests 213 million euros
Romgaz, the most valuable state-owned company in Romania, with over one billion euros in turnover and which covers half of the national gas consumption has an investment budget worth 850 mil...