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Report according art. 82 Law 24/2017

Release Date: 3/13/2018 2:03:53 PM



According to the provisions of art 82 of Law no 24/2017

Date of report: 13.03.2018

Name of issuing entity: SNTGN TRANSGAZ SA MEDIAS

Headquarters: Medias, 1 Constantin I. Motas Square, Sibiu County

Telephone/fax number: 0269803333/0269839029

Tax identification code: RO 13068733

Trade Register number: J32/301/2000

Subscribed and paid-up capital: RON 117,738,440

Regulated market on which issued securities are traded: Bucharest Stock Exchange.

SNTGN Transgaz SA Medias notifies all stakeholders of the legal documents concluded with companies where the Romanian State exercises direct or indirect control and the aggregated value of which represents at least the lei equivalent of Euro 50,000:

Contract Data

Clauses under the contract

Contracting parties

Buyer – SNTGN Transgaz SA Medias

Seller – SNGN Romgaz SA Medias

Contract date and nature

Date of conclusion 01.03.2018

Concluded following the tender no. 19318/01.03.2018 on the platform STEGN owned and managed by Bursa Romana de Marfuri (the Romanian Commodity Exchange).

Contract Scope

Domestic production gas required for the balancing of the National Transmission System.

Contract value

Lei 1.171.500, VAT excluded, service provision tariffs, other taxes and charges

Mutual receivables


Established guarantees and stipulated penalties


Buyer – if the Buyer fails to meet its obligation to pay in consideration of the contracted amount or if it improperly meets such obligation, it shall pay default interests to the Seller:

a) default interest calculated for each day of delay starting with the day following the due date and until the principal full payment date, the payment date included;

b) the default interest rate is equal to the rate of the delay interest due for the failure to pay its obligations to the state budget by the deadlines, for each day of delay.

The Seller – if the Seller fails to fully and duly meet its obligations to deliver the gas which is subject of this Contract, it shall pay to the Buyer default interests in relation to the value of the gas which was undelivered by the deadline which will be equal to the rate of the delay interest due for the failure to pay its obligations to the state budget by the deadlines, for each day of delay.

Deadlines and means of payment

The value in consideration of the contracted gas shall be paid within 5 (five) working days from the date of invoice notification to the Seller.


Director General


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