Romania's Romgaz to boost gas storage capacity

Thu Jul 10, 2014 3:03pm GMT

BUCHAREST, July 10 (Reuters) - Romanian state-owned gas producer Romgaz will finalise a 25 million euros ($34.10 million) investment to boost the gas storage capacity of its deposit in Urziceni by 40 percent at the end of August, the energy ministry said on Thursday.

"I am satisfied with the stock levels for the winter of 2014-2015 and that our production is at a maximum (over 30 million cubic metres per day," Energy Minister Razvan Nicolescu said in a statement. ($1 = 0.7331 Euros) (Reporting by Luiza Ilie; Editing by Radu Marinas)

  • Africa
  • US
  • Europe
  • Asia
UK £ USD =1.2823
Euro USD =1.1139
Rand USD =0.0769