ANNUAL REPORT OF âTRANSGAZâ MANAGEMENT INDIVIDUAL ...
ANNUAL REPORT OF âTRANSGAZâ MANAGEMENT INDIVIDUAL ...
ANNUAL REPORT OF âTRANSGAZâ MANAGEMENT INDIVIDUAL ...
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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 />
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