Romgaz (SNG) signed a contract for underground storage of natural gas with GDF Suez Energy Romania, the agreement value amounts to RON 44.44 million.
According to a press release sent to the Bucharest Stock Exchange by Romgaz, the contract will run from April 16, 2015 – April 15, 2016.
In February, Romgaz has signed four contracts worth over RON 841 million, VAT included, for the sale of natural gas to Electrocentrale Bucharest and Electrocentrale Galati.
Natural gas producer registered last year a profit of RON 1.43 billion (EUR 322 million), up by 44 percent as against 2013.