Crude Oil Prices Bunker Prices Gas Prices NEWS Crude Oil Natural Gas Energy Futures Maritime Companies Products Events Press Release

Egypt’s Oil and Gas Major Secured Contracts for Romanian Gas Projects

October 15, 2024 07:41:56 AM | Natural Gas

Natural gas cooperation between Egypt and Romania has advanced in a number of ways recently.

SEATTLE (Oil Monster): Town Gas, a significant participant in the oil and gas industry in Egypt, won contracts for a number of gas projects in Romania. Town Gas hopes to address the region's increasing demand for natural gas by utilizing its operational excellence and technological know-how through these partnerships.

ALSO READ:

NewMed Energy Secured Funding for Gas Expansion Project

Egypt: Western Desert Oil Production Surged

Town Gas was awarded local contracts to manufacture pressure reduction stations for natural gas. Furthermore, the business has promised to supply natural gas to a number of Romanian facilities. As a result, the business is now the first Egyptian company authorized to work on natural gas supply projects in the European Union by the Romanian National Regulatory Authority (ANRE).

Natural gas cooperation between Egypt and Romania has advanced in a number of ways recently. Strong bilateral ties and a competent workforce have served as the foundation for the partnership's development over time.

The agreements have enormous potential to improve both nations' infrastructure development and energy security. It will also spur economic expansion and generate a tonne of new job possibilities. The agreements are consistent with Egypt's objective of increasing its power and visibility in global energy markets, particularly in Europe.

Related News

A view of the sea

Plastic Keychain Magnet

Keychain Magnets as gift items to promote your Scrap Metal Recycling business!. Letters and numbers can be imprinted. Available Colors: Red, Blue and Green

$2.59

Buy Now

A view of the sea

Scrap Metal Test Magnet 10 lb N52 Neodymium Rare Earth

Retrieval and Metal Testing Magnet. Contains The Most Powerful Grade of Neodymium Rare Earth Magnet (N52). Case Material: Aluminum

$9.99

Buy Now