DE.PA - Greece’s natural gas management company - on Tuesday announced the signing of a memorandum of cooperation with Romgaz, Romania’s natural gas operator.
Under the memorandum, the two companies will seek joint ventures in the wider southeast European market and examine joint actions.

The cooperation is linked with the construction of a north-south Greece-Bulgaria natural gas pipeline, which will give Sofia and Bucharest access to natural gas supplies from the Caspian Sea through the TGI pipeline. The memorandum was signed by Haris Sahinis, DE.PA’s chairman and chief executive, and Marcel Piteiu, CEO of Romgaz.