Romania is interested in additional quantities of Caspian gas

Romania remains strongly interested in accessing additional quantities of Caspian gas to cover growing national consumption, Romanian President Klaus Iohannis said. The head of state is on a two-day visit to Baku at the invitation of his Azerbaijani colleague Ilham Aliyev.

From the very beginning, Romania has recognized the important contribution that Azerbaijan and the Southern Gas Corridor have to covering Europe’s energy needs

Romanian President Klaus Iohannis

He emphasized that in recent years, Romania has made significant investments in the development of gas transmission capacity, but also in connectivity with neighboring countries. Among them, he pointed out the BRUA gas pipeline and the completion of the extension of the interconnectors with Bulgaria and Hungary.

The Romanian company Transgaz joined forces with gas transmission system operators from Greece, Bulgaria and Hungary to develop the Vertical Gas Corridor. The memorandum of understanding, updated and signed by the four companies in December 2022, will allow a two-way flow of gas between southern and central Europe, via Romania, improving security of supply throughout the region

Romanian President Klaus Iohannis

He concluded that all the efforts and solid investments made by Romania offer solid opportunities to expand the Southern Gas Corridor to new markets in Central and Southeast Europe.

 It’s a win-win situation: the geography of Azerbaijan’s gas exports is diversifying, while Europe’s energy security is being strengthened

Romanian President Klaus Iohannis

The ministerial meeting of the Consultative Council of the Southern Gas Corridor was attended by the European Commissioner for Energy, Kadri Simson, as well as officials from several countries. Bulgaria was represented at the meeting by the Acting Minister of Energy Rosen Hristov.

You may also like...

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x