10th Annual Global Gas Village Summit (Europe)

16.04.2010 - 10:00:00

13th – 15th April 2010, Paris - Armax Gas attended the 10th Edition of Global Gas Village Summit (Europe), an event dedicated to specialists of the energy sector.

The forums organized by EnergyWise represent the best way for specialists from the entire world to transfer knowledge within the global energy sector .At the 10th edition of the gas global annual summit there attended representatives of the European Union and the member countries’ governments, scientists from recognized universities and research centers from Europe and also well known industrial companies : Baker Hughes, EDF, Team Consult and Turkish Petroleum, Loyens Loeff, GDF Suez, Geomechanics, BP, E.ON, OMV, North Stream AG, Shell , Royal Haskoning, Geostock and Price Waterhouse Coopers, that analyzed very close the European gas market.

The event presented the general tendency regarding natural gas storage condition , especially in Europe. Besides, at the moment there is a natural gas excess on market, especially due to economic crisis, respective decrease of industrial consume, of increase of LNG ( Liquefied Natural Gas ) and also more frequently use of shale gas , especially in the USA , the majority of attending event specialists agree to gas storage development.

What concerns the storage in our country , all analyses indicate that Romania has enough storage resources ( 2.2 bills . of cubic meters existing capacity and equally the same amount declared as being in course of development ) , resources that cover the internal necessity.

In case of transforming Romania into a hub , through projects like South Stream or Nabucco , the necessity to invest into gas storage will increase substantially.

Beyond the buildup information as a result of the presentations while those four commercial sessions and  the technical session, the Armax Gas team that attended the event succeeded to promote successfully the image of a powerful national brand, having real chances to make itself known also on foreign markets of interest , declared Tiberiu Lukacs , Key Account Manager – Armax Gaz.


Marketing and Communication Department, Bucharest

April 16th 2010

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