With an abundance of natural resources, Romania is an attractive hub for regional and global energy stakeholders.
Transgaz, the National Natural Gas Transmission Co. S.A. established in 2000, serves as the licensed technical operator of Romania’s natural gas transmission system, both domestic and international.
Publicly listed on the Bucharest Stock Exchange and with over 4,500 employees, Transgaz is advancing Romania’s energy sector and establishing its role as a European energy powerhouse.
The company manages domestic gas transmission with tariffs regulated by the National Energy Regulatory Authority, while international transmission is facilitated through interconnected pipelines governed by commercial agreements.
The success of Transgaz is attributed not only to strategic investments and robust technical and economic performance, but also to its visionary and transformative leadership.
Ion Sterian, director general of Transgaz, is highly respected in Romania’s energy sector, across the European Union and internationally.
A magnetic, dedicated and positive leader, Sterian has received numerous awards, diplomas and distinctions in energy, international relations and corporate governance.
“We hold a responsibility to strengthen the Romanian economy,” Sterian said.
“With prospects in both domestic and regional energy sectors, Transgaz is committed to delivering economic growth through our collaborations with cross-border partners and our globally driven alliances.”
With prospects in both domestic and regional energy sectors, Transgaz is committed to delivering economic growth through our collaborations with cross-border partners and our globally driven alliances.
Ion Sterian, Director General of Transgaz
Growth and innovation
Transgaz is dedicated to efficiency, transparency, safety, nondiscriminatory access, research, design and competitiveness.
Every area of the business adheres to national and European laws and standards related to quality, performance, environmental sustainability and development.
The company’s exemplary corporate governance practices are driving growth and positioning Transgaz as a cornerstone of the national economy.
Strengthening partnerships
“Fortifying our international partnerships is essential, and we welcome collaborations with leading industry leaders,” Sterian said.
“Our partnership with Itochu Corporation exemplifies the strong ties we maintain with Japan and we anticipate more alliances with Japanese counterparts as they explore opportunities in Romania and the region.”
“Together with our partners, we aim to upgrade infrastructure and launch pioneering regional energy projects, ensuring industry-wide security and efficiency.”
Transgaz’s adherence to the principles of the Malcolm Baldrige National Quality Award recently earned it recognition from the Romanian Performance Excellence Program for its remarkable standards in defining, developing and promoting excellence.
Transgaz’s new 10-year development plan (TYNDP 2024-2033) for the gas transmission system reinforces its strategic position as a vital link in the Romanian and European energy networks. With Sterian’s leadership, Transgaz will continue its journey as a forward- thinking, responsible energy leader.
