Romania's Transgaz extends gas transmission contract with Gazprom

The extension of the contract's duration ensures that the transmission of gas from Russia to Turkey, Greece and other Southeast European countries is carried forward, Transgaz said in a bourse filing on Thursday.

Transgaz did not provide further details.

Russia plans to suspend natural gas exports to Southeast Europe through the Trans-Balkan Corridor, which crosses Ukraine, Moldova, Romania and Bulgaria before reaching Greece and North Macedonia, next year, the Russian ambassador to Serbia, Aleksandr Chepurin, said in March.

As at 11:30 CET on Friday, Transgaz shares traded 0.14% higher at 366.5 lei ($84.9/77.0 euro) on the Bucharest Stock Exchange.

(1 euro = 4.7604 lei)