An agreement between Azerbaijan, Georgia, Romania and Hungary on a strategic partnership in the field of energy

The agreement between the governments of Azerbaijan, Georgia, Romania and Hungary on a strategic partnership in the field of energy production and transmission will connect the two shores of the Black Sea and ensure the transmission of electricity to Moldova, the Western Balkans and Ukraine.

Since the start of Russia’s war (in Ukraine), we have decided to abandon Russian fossil fuels and diversify our options to reliable energy partners like those present at this table. And this is happening. The European Union managed to compensate for the reduced supplies of Russian gas. But we are not just talking about managing a new geopolitical situation. It’s about creating a future for us with clean, affordable and safe energy resources and that’s the different types of renewable energy

Von der Leyen, EC President

She stated that the project will connect the two shores of the Black Sea and beyond to the Caspian region both in the field of digital communications and energy.

Von der Leyen emphasized that the electrical cable under the Black Sea offers various opportunities. The project will bring significant benefits to Georgia a country with a European destiny which through it can become an electricity hub and integrate into the EU energy market. The cable could also provide electricity transmission to Moldova and the Western Balkans as well as to Ukraine, where it could contribute to the recovery of the Ukrainian energy system and the country as a whole, she said.

The planned submarine cable will have a length of over 1,100 km and a capacity of 1,000 megawatts.

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