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News - TSO

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Azerbaijan's SOCAR Acquires Greek Gas Transmission System Operator

State Oil Company of Azerbaijan (SOCAR) reached an agreement with Hellenic Republic Assets Development Fund (HRADF/TAIPED) for the acquisition of 66% stake in Greece natural gas transmission system operator – DESFA, as recently disclosed by Natural Gas Europe. “SOCAR has vast experience...

GRTgaz and Swedegas Join Initiative for Carbon Neutral Gas Supply by 2050

France's GRTgaz and Swedish Swedegas join the Dutch-Danish-Belgian initiative to develop a 100% carbon-neutral gas supply by 2050. Both gas transport operators officially announced this engagement during the Gas Week in the European Parliament in Brussels. By signing the common commitment, the companies...

RWE Sells Czech TSO Unit NET4GAS

RWE AG has agreed to sell its Czech natural gas pipeline division in a deal worth about €1.2 billion ($1.5 billion). German utility signed an agreement for the sale of 100% of its shares in NET4GAS, s.r.o., the independent Gas Transmission Operator in the Czech Republic, to a consortium of Allianz...

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