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Transgaz to spend over $2B through ’27 on pipelines network



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Romania’s Transgaz plans to spend €1.9 billion ($2.16 billion) to expand its national network of pipelines, according to a development plan spanning 2018-2027 that was submitted for approval by its shareholders at the general meeting on March 11. The biggest project on the agenda is BRUA, which connects Romania with Bulgaria, Hungary and Austria and will cost €479 million for phase one and almost €600 million more for subsequent phases. The company is also responsible for building Romania’s part of......
 
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