Tag Archives: underground gas storage

ČEPS and RWE Finalize Sale of RWE Gas Storage CZ

(IN BRIEF) State-owned electric power transmission operator ČEPS has finalized the sale of its subsidiary, RWE Gas Storage CZ, to RWE, a German energy company. The Czech Republic’s government approved the purchase, and the contract was signed recently. RWE Gas … Read the full press release

Ukrtransgaz launches customs warehouse based on 10 underground gas storage (UGS) facilities

KIEV, 16-Jun-2017 — /EuropaWire/ — Ukraine’s gas transmission system operator Ukrtransgaz launches a customs warehouse based on 10 underground gas storage (UGS) facilities, enabling gas traders to store natural gas for over 1000 days without customs clearance. On 1 June 2017, … Read the full press release

EIB to provide €500M for the Castor underground gas storage project in Spain as the first successful use of project bond credit enhancement

01-8-2013 — /EuropaWire/ — The first transaction under the Project Bond Credit Enhancement initiative has successfully taken place. Investment in the Castor underground gas storage project, that will provide storage for 30% of Spain’s daily gas consumption, was supported by the … Read the full press release