Romania's Transgaz national natural gas transmission corporation signed on January 28 a Memorandum of Understanding (MoU) on the Partnership for the Development of Natural Gas Networks in Eastern Europe (EE-NGP), according to a press statement released on Friday to the Bucharest Stock Exchange (BVB). The memorandum was signed by all the entities that are members of the project.
President Klaus Iohannis said, on Thursday, at the inauguration of the natural gas compression station Podisor, in Giurgiu County, that the energy sector has been severely disrupted in the past year by hazardous measures, such as Ordinance 114, and stressed that the zero emergency is repairing the "evil caused". "It is indisputable that, in the energy field, Romania enjoys certain advantages.
Transgaz has already completed 330 kilometers of the National Gas Transmission System on the Bulgaria-Romania-Hungary-Austria corridor (BRUA) gas pipeline, a strategic project for the Romanian economy, said on Thursday Prime Minister-designate Ludovic Orban, who attended the inauguration of the gas compressor station in Podisor.
SNTGN Transgaz SA inaugurated, on Monday, the Jupa Natural Gas Compression Station, which is part of the BRHA project, the Ministry of Economy informs. The value of the execution contract at August 31, without maintenance, for the Jupa STC is of 103.56 million lei. The value of the two compression units installed at the Jupa STC is of 12.6 million euro.
Work on the construction of the Turkish Stream is officially underway today after the agreement between the state gas operator Bulgartransgaz and the Saudi-based Arcad Consortium was signed yesterday.
The new pipeline is expected to become one of the main routes for the transmission of Russian gas to Europe as Russia plans to suspend transit through Ukraine next year.
Bulgaria's gas network operator Bulgartransgaz has resumed a 1.4 billion euro ($1.6 billion) tender to build a gas pipeline expected to transport mainly Russian gas from Bulgaria's border with Turkey to Serbia, it said Thursday, quoted by Reuters.
Bulgartransgaz said it was seeking offers by March 6.
Prime Minister Viorica Dancila reiterated on Thursday that Romania supports the European journey of the Republic of Moldova and one of the main investment objectives remains the construction of the Ungheni-Chisinau gas transmission pipeline.
Moldova's parliament speaker Andrian Candu said on Tuesday evening that the country will soon start building the Ungheni-Chisinau pipeline section which will link Moldova to the European energy network via Romania "for sure".
The first section of the pipeline between Iasi in Romania and Ungheni in Moldova over the Prut river was inaugurated in August 2014.