GDF Suez takes out over EUR 14 mln of EU funds to extend Bucharest gas network

Newsroom 22/05/2012 | 10:05

French gas supplier and distributor GDF Suez Energy Romania will use EU financing worth RON 65.9 million (around EUR 14 million) to build 70,4 km of new medium pressure gas pipes in Bucharest, taking the total modernized network to 395.7 km.

Economy minister Daniel Chitoiu signed on Monday the financing contract for the project that is included in the fourth axis of the EU program that aims to increase energy efficiency and secure energy supply.

GDF Suez has 1.4 million clients across Romania, while the gas distribution arm Distrigaz Sud Retele operates a network of 17,000 km in 18 counties in Southern Romania and Bucharest.

Ovidiu Posirca

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Newsroom | 12/04/2024 | 17:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue