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 above shale deposits compared to the rest of the US, highlighting that natural gas markets have become less integrated due to pipeline capacity constraints. Prices of natural gas for end-consumers vary greatly throughout Europe. One of the main objectives of the projected single EU energy market is a common pricing structure for gas products. A recent study suggests that the expansion of shale gas production in the U.S. has caused prices to drop relative to other countries, especially Europe and Asia, leaving natural gas in the U.S. cheaper by a factor of three. It is expected that the TTIP trade