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Romanian company signs EUR 1.8 mln worth contract with Russian Gazprom

Energy equipments and parts Romanian producer FECNE owned by Italian group Walter Tosto will provide equipments to Gazprom, following a contract worth EUR 1.8 million signed with the Russian gas company.

Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, as well as generation and marketing of heat and electric power.

 

Gazprom is the only producer and exporter of liquefied natural gas in Russia. The Company’s share in the global LNG output stands at 5 per cent. The Company is among Russia’s five largest oil producers and it is the largest owner of power generating assets in the country. These assets account for 17 per cent of the total installed capacity of the national energy system.

 

WALTER TOSTO SpA is a leading manufacturer of critical, long lead equipment including heavy wall hydrocracking, hydrotreating, GTL and EO reactors for various applications within Oil&Gas, Petrochemical, Power & Energy, Phood & Pharma markets.

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