More
    HomeBusiness & InvestmentsEconomicsRomania seeks involvement in the Southern Gas Corridor development

    Romania seeks involvement in the Southern Gas Corridor development

    Published on

    Romanian Government approved a Memorandum of Understanding between the Ministry of Energy, Transgaz and the Consultative Council of the Southern Gas Corridor on the potential for cooperation in the use of the gas transport infrastructure offered by Romania-Bulgaria Interconnector and the Bulgaria-Romania- Hungary-Austria (BRUA) in the forthcoming enlargement stages of the Southern Gas Corridor in the Balkans and Central Europe.

    The interconnector between Romania and Bulgaria, as well as the BRUA project, will ensure the integration of natural gas sources from the Caspian, Mediterranean basin, the Middle East or Central Asia, with the markets in Central and Western Europe.

    Upon completion, BRUA will have a transport capacity to Hungary of 4.4 billion cubic meters per year and 1.5 billion cubic meters per year to Bulgaria.

    At the last participation of Romania at the Consultative Council Meeting of the Southern Gas Corridor in February 2019, Romania expressed its interest to be involved in the development of the Southern Corridor project by adding new infrastructure elements to develop energy interconnectivity .

    Latest articles

    MOL Group has signed an agreement with Shell to acquire BG Cyprus Ltd

    MOL Group has signed an agreement with Shell to acquire BG Cyprus Ltd., their...

    Bucharest launches public-private partnership to regenerate Herăstrău park

    The Bucharest City Hall and the Bucharest Community Foundation have launched a new public-private...

    Raiffeisen Bank Romania posts 849 million RON net profit in H1 2026

    Raiffeisen Bank Romania reported a net profit of RON 849 million for the first...

    OMV Petrom reports net profit of 1.8 billion RON, down 14 percent in first half

    OMV Petrom, Romania’s largest integrated energy company, reported a net profit of RON 1.8...

    More like this

    MOL Group has signed an agreement with Shell to acquire BG Cyprus Ltd

    MOL Group has signed an agreement with Shell to acquire BG Cyprus Ltd., their...

    Bucharest launches public-private partnership to regenerate Herăstrău park

    The Bucharest City Hall and the Bucharest Community Foundation have launched a new public-private...

    Raiffeisen Bank Romania posts 849 million RON net profit in H1 2026

    Raiffeisen Bank Romania reported a net profit of RON 849 million for the first...