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Wednesday, December 12, 2018 
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Report according art. 82 Law 24/2017

Release Date: 12/5/2017 8:18:49 AM

IRIS Code: 25E04


according to the provisions of Article 82 of Law 24/2017

Date of report: 04.12.2017

Name of issuing entity: SNTGN TRANSGAZ SA MEDIAS

Headquarters: Medias, Piata Constantin I. Motas, nr.1, jud. Sibiu

Telephone/fax number: 0269803333/0269839029

Tax identification code: RO 13068733

Trade Register number: J32/301/2000

Subscribed and paid-up capital: 117.738.440 RON

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

SNTGN Transgaz SA Medias informs all those concerned on the juridical documents concluded with in which the Romanian State exercises direct or indirect control and whose total value represents at least the RON equivalent of EUR 50,000:

Contract data

Contract clauses

Parties to the Contract

Purchaser – SNTGN Transgaz SA Medias

SellerSNGN Romgaz SA Medias

Contract date and type

Conclusion date 29.11.2017

Concluded subsequent to the auction No 541/21.11.2017 on the platform disponibil.ro owned and managed by the Romanian Commodities Exchange

Contract scope

Natural gas from the Underground storage facilities

Contract value

11.171.711,67 lei, VAT excluded, excise duty or capacity booking costs

Mutual debts


Penalties and guarantees stipulated


Performance guarantee established by the seller for the purchaser as SGB in the amount of 10% of the contract value – that is: – 1,117,171.16 lei;


Buyer - if he fails to meet his related payment obligations: penalty interest, calculated for each day of delay from the day immediately following the maturity date to the date of the full payment of the principal including the day of payment; the penalty interest rate is equal to the default interest rate due for non-payment of the liabilities to the state budget for each day of delay;

Seller - if he does not comply with the delivery obligation, the Purchaser may claim damages to the Seller in the event of limitations or disruptions in the delivery of natural gas in circumstances other than those acceptable under this Contract or the applicable law, caused by his proven guilt.

Payment terms and modalities

The payment of the gas purchased under this contract will be effected in 5 (five) days since the Seller issues the invoice for the delivered/taken over gas quantity.




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