Natural gas in Romania natural gas determined the foundation of Societatea Maghiara de Gaz Metan UEG (Hungarian Methane Company) by the Hungarian Ministry of Finances and Deutsche Bank whose scope of activity was the exploration, exploitation, transmission, distribution and use of natural gas in certain regions within Transylvania. A prodigious period followed for the gas distribution business and the year 1941 marks the construction of the first natural gas pipeline from Măneşti to Bucharest, while the following year a main pipeline is built for the transportation of natural gas from Transylvania to the capital city. After the unification of Transylvania and Romania in 1919
Natural gas prices deal between the U.S. and Europe opens up access to cheap American natural gas, which allow Europe to diversify its supply base, but may threaten the Renewable Energy transition. Currently, Europe's main natural gas supplier is Russia. Major pipelines pass through Ukraine and there have been several disputes on the supply and transition prices between Ukraine and Russia. In September 2013, it was reported that multiple factors have conspired to cause Europe as a whole to decrease its use of natural gas and make more use of coal. The report also contains updated price trends. In South America, the second