29.09.2014 Views

ANNUAL REPORT OF “TRANSGAZ” MANAGEMENT INDIVIDUAL ...

ANNUAL REPORT OF “TRANSGAZ” MANAGEMENT INDIVIDUAL ...

ANNUAL REPORT OF “TRANSGAZ” MANAGEMENT INDIVIDUAL ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

SNTGN “TRANSGAZ” SA Medias Annual Management Report for 2007<br />

concerns of the European gas transmission operators’ and specifically on the ongoing<br />

regulatory projects of the European institutions.<br />

In view of extending Transgaz’ activities within the organization, the following shall<br />

be highlighted:<br />

- more serious involvement by participation in other work groups as well<br />

(besides the study group for the SEE Energy Community)<br />

- organization of the annual association conference in Bucharest, in the 3 rd<br />

trimester of 2008 together with GIE Secretariat (the most important event for<br />

the European infrastructure operators).<br />

Great importance shall be attached to the monitoring of the activities performed by<br />

other organizations in the field, such as IGU (International Gas Union), ECE ONU<br />

Gas Centre, Balkan and Black Sea Gas Association and others. According to the<br />

results of such monitoring process and as deemed appropriate, the company’s joining<br />

such organizations shall be considered.<br />

Transgaz’ main co-operation directions generally aim at achieving new<br />

interconnections with the neighbouring gas transmission systems under mutually<br />

profitable commercial conditions and at participating in major European energy<br />

projects.<br />

To this effect, the following shall be taken into consideration:<br />

- the strengthening of co-operation relationships with Bulgargaz Holding,<br />

Bulgaria in view of completing the interconnection project in the direction<br />

Russe-Giurgiu and in other directions<br />

- the setting of other contacts with Serbia in order to carry out an interconnection<br />

which could possibly lead to the development of the transit on the Romanian<br />

territory (given the fact that Serbia imports gas from the Russian Federation and<br />

that gas transit to Serbia is done on the Hungarian territory), turning Serbia into<br />

a potential client for gas to be transmitted through the Nabucco pipeline<br />

- the participation in the actions which were the basis of MOL’s (Hungaria)<br />

initiative to kick-off a joint project with Geoplin (Slovenia), Bulgargaz<br />

(Bulgaria), Plinacro (Croatia), Serbjagas (Serbia) and BH – Gas (Bosnia &<br />

Herzegovina) for the purpose of developing a regional transmission system (the<br />

NETS Project). The NETS Project aims at improving the gas supply to South-<br />

Eastern Europe and proves beneficial for all parties involved and is based on an<br />

equal-right partnership. The dialogues between operators are in full progress<br />

- the carrying on of the tight co-operation with GAZPROM as regards gas transit<br />

to Bulgaria, Turkey, Greece and Macedonia. A possible direction for the<br />

improvement of such relationship would be to extend the transit capacity or to<br />

jointly develop new transmission/transit directions (for instance to Serbia)<br />

- the establishment of contacts with key equipment suppliers in the European and<br />

world gas industry and of a data base supporting the development of Transgaz’<br />

future investment projects.<br />

Transgaz intends to approach the role, structure and functions of the National<br />

Transmission System in order to ensure a flexible conduct as required by free markets,<br />

in line with the European requirements on the safety of gas supply.<br />

Page 21 of 54

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!