Romania to ensure gas supply to Ukraine, Moldova through Greece-Bulgaria pipeline-premier

Romanian Prime Minister Nicolae Ciuca said that the Greece-Bulgaria gas pipeline due to become operational on Friday, will enable  Romania to supply gas to Ukraine and Moldova.

The 220 million euro 182-kilometer gas link connects the Greek gas transmission system in the Komotini area, northern Greece to the Bulgarian gas grid in Stara Zagora, central Bulgaria.

„This interconnector will ensure the connection …(between) Anatolia and the Adriatic and also connects to the BRUA pipeline…. ensuring the gas supply of both Bulgaria and Romania,” the Romaniana prime minister said on Thursday.

He said Romania could „ensure the gas supply to our eastern partners, Ukraine and Moldova, as well as to other countries that are on the distribution map network.”

Last month, Mr Ciuca said that Romania will fill its natural gas reserves to 80% of its storage capacity by Nov. 1, up from 40% at present, in compliance with recent EU regulation.

Romanian president Klaus Iohannis endorsed a new bill expected to speed up the development of major offshore oil and gas projects in the Black Sea in May.

In mid-June, Romania-based BSOG announced that production has started from the MGD Project and the first gas was delivered to the National Transmission System.

Romania hopes to be able to start exporting natural gas from the Black Sea offshore project Neptun Deep by 2027, Ciuca said in April.

Local natural gas producer Romgaz signed a contract in May for the acquisition of Exxon Mobil’s 50% stake in Neptun Deep for $1.06 billion. The other half of the rights and obligations under the concession is held by Romanian oil and gas group OMV Petrom.

VIDEO | Romania starts natural gas production in Black Sea

 

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