USD 92.1314

-0.37

EUR 98.7079

-0.2

Brent 89.39

+0.14

Natural gas 1.933

-0.04

1228

Romania expects natural gas from Azerbaijan in 2022

In the longer term, Romanian gas demand would increase further as the country expects to shut down large coal-fired capacities

Romania expects natural gas from Azerbaijan in 2022

Bucharest, July 12 - Neftegaz.RU. The Bulgaria-Greece gas interconnector will be completed so that the natural gas from Azerbaijan will reach Romania by July 2022, energy minister Virgil Popescu announced, according to Romania Insider.

In contrast to the rapid development of the South Stream (Light) that bypasses Romania and transports Russian gas, the delays in the completion of this interconnector prompted in Romania speculations related to Bulgaria favouring the spread of Russian gas in the region.

The interest for Romania related to the gas from Azerbaijan should, in principle, relate to the transport fees, under the optimistic scenario that the Black Sea offshore projects will eventually begin operations.

Transgaz, the operator of the gas pipelines in Romania, already starts charging local consumers for the costs incurred with the BRUA pipeline (supposed to carry Azeri gas, among others) - while BRUA remains empty.

Virgil Popescu wrote on his Facebook page:
  • Today, I had a working meeting with my counterpart in Bulgaria - energy minister Andrey Zhivkov, on the sidelines of participation in the Summit of the Three Seas Initiative in Sofia
  • The talks focused on future actions to strengthen bilateral relations between the 2 states, but also on future joint investment projects in the field of renewable energy (hydro and offshore wind), about increasing interconnection for electricity transmission
The minister said he had received assurances that the Bulgaria-Greece gas interconnector would be completed by July 2022 so that the Vertical Corridor would be operational and Azerbaijani gas and LNG from Greek ports could reach BRUA.

Author: Andrei Chirileasa


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru