RRI Live!

Listen to Radio Romania International Live

Romania will have a brand new gas pipeline

A new gas pipeline will link Romania to Central Europe

Romania will have a brand new gas pipeline
Romania will have a brand new gas pipeline

, 19.06.2023, 13:50


The National Company for the Transport of Natural Gas, Transgaz has signed a contract with Turkish company Kalyon Insaat for the construction of Tuzla-Podişor gas pipeline. According to a communiqué released for the Bucharest Stock exchange, the 500 million euro project consists in the construction of a 308.3 kilometer gas pipeline, linking the resources exploited in the Neptun Deep area in the Black Sea and the so-called BRUA corridor, which connects four EU members: Bulgaria, Romania, Hungary and Austria.


According to Transgaz general director, Ion Sterian, after the Ungheni-Chişinău pipelines between Romania and the Republica Moldova, Tuzla-Podişor is the most important gas infrastructure project, a strategic one, essential in the energy security efforts and also included among the EU common interest projects. The new pipeline will be crossing the counties of Constanta, Calarasi and Giurgiu and will contribute to ensuring the necessary consumption of gas for the economy and population to creating the prerequisites for boosting private investment in the area, to supplying gas to the localities around it, to almost 185 thousand inhabitants, and over 500 public institutions (schools, mayor offices, clinics, cultural centers, etcetera).


The new Deputy Prime Minister of the government in Bucharest, Marian Neacşu, says the future gas pipeline will also be able to carry the 15 billion cubic meters of gas from the Caspian Sea, reaching Romania through the terminals in Turkey and Greece. These connections, director Sterian says, will allow Romania to become a major regional hub around the year 2027.


România, says its new Energy Minister, Sebastian Burduja, is a country with significant gas resources, a strategic transit point and a major regional player, which could contribute, thanks to its operational transport infrastructure, to the consolidated regional security. The political leaders statements have also been confirmed by statistics. Romanias gas imports in the first four months of the year went down by 45.6% as compared to the same period in 2022, shows data released by the National Institute for Statistics. The domestic output has increased by roughly 7 percent against the same period last year. The National Commission of Strategy and Prognosis has forecast a 2% increase in the local gas production and a 6.2% decrease in the imports this year.


(bill)


Foto: PIX1861 / pixabay.com
Today in the News Friday, 20 December 2024

Economic effects of political instability

The deadlock related to the establishment of a parliamentary majority to propose a prime minister and, therefore, the impossibility of forming a new...

Economic effects of political instability
foto: presidency.ro
Today in the News Friday, 20 December 2024

Conclusions of the Winter European Summit

The EU heads of state and government gathered in Brussels to discuss the war in Ukraine, migration, the situation in the Middle East, the Republic of...

Conclusions of the Winter European Summit
Romanian president Klaus Iohannis (right) and president of EU Council Antonio Costa (Photo: presidency.ro)
Today in the News Thursday, 19 December 2024

The EU and the exposure to disinformation

Attending the EU-Western Balkans summit and the European Council in Brussels, the Romanian president Klaus Iohannis said Romania was confronted with...

The EU and the exposure to disinformation
Photo: Mediamodifier / pixabay.com
Today in the News Thursday, 19 December 2024

Fitch revises Romania’s outlook to negative

Fitch Ratings has revised Romania’s outlook to negative, citing political instability and budget deficit.     Fitch Ratings has...

Fitch revises Romania’s outlook to negative
Today in the News Wednesday, 18 December 2024

A new Forestry Code

The new Forestry Code, a milestone in the National Recovery and Resilience Plan, was adopted by the Chamber of Deputies in Bucharest as the...

A new Forestry Code
Today in the News Wednesday, 18 December 2024

EU investigates TikTok

The European Commission opened formal proceedings against the TikTok social media platform for alleged violations of the Digital Services Act in the...

EU investigates TikTok
Today in the News Tuesday, 17 December 2024

Russia: concerns and sanctions

  Four US Senators, both Republicans and Democrats, have condemned Russia’s interference in the Romanian presidential elections and have...

Russia: concerns and sanctions
Today in the News Tuesday, 17 December 2024

What are entrepreneurs waiting from the future government

Entrepreneurs, who convened on Monday for a specialized online event, have emphasized the risk of a potential economic recession that might hit...

What are entrepreneurs waiting from the future government

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company