Romgaz approves €1.5B Euro Medium Term Notes Program for Neptun Deep gas project financing.

Romgaz, Romania's largest natural gas producer, has approved a EUR 1.5 billion Euro Medium Term Notes Program to finance the Neptun Deep gas project in the Black Sea, in which it holds a 50% stake. This decision, made on September 19 with shareholder consent, aims to enhance Romgaz's gas production capabilities and strengthen its market position both domestically and internationally. The EMTN Program will facilitate the necessary funding for this strategic investment.

September 20, 2024
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