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Romania’s Transgaz extends transmission contract with Gazprom

Romanian gas transmission company Transgaz said it has extended its contract with Russia’s Gazprom for gas transit to Southeast Europe by three months to the end of 2019.

The extension of the contract’s duration ensures that the transmission of gas from Russia to Turkey, Greece and other SEE countries is carried forward, Transgaz said in a bourse filing. Transgaz did not provide further details, according to Southeast Europe news agency SeeNews.

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