Bulgaria, Greece, and Romania have signed a contract on cooperation in the development of regional gas infrastructure.
The contract was signed Tuesday by the energy ministers of the three countries.
In February 2011, the EU decided that each Member State had to have at
least two sources of natural gas and electricity by 2014 in order to be
able to cope with a cut-off of Russian supplies.
Romania still lacks a connection to Bulgaria’s gas grid, despite the
fact that a project for the construction of a gas pipeline between
Giurgiu and Ruse has been available for years, according to reports of
the BGNES news agency.
The gas pipeline, evaluated at around 24 million euros, is to be completed by 2016.
The gas pipeline, evaluated at around 24 million euros, is to be completed by 2016.
Romania’s gas transmission grid is connected to those of Hungary and Moldova.
In the case of a suspension of imports from Russia, however, it will
not be able to make up for the losses through these connections because
the gas imports from Hungary are negligible and the pipeline to Moldova
is used for exports.
(www.hbcbg.com)
(www.hbcbg.com)