Romania prepares to export gas to Moldova, starting this month

Newsroom 07/08/2014 | 15:06

Romania’s energy regulator ANRE on Thursday said companies could start exporting natural gas to neighbouring Moldova through the Iasi-Ungheni pipeline in the second half of August. Nicolae Havrilet said on Thursday that the exports will be at the disposal of any supplier and the prices practiced will be the same as the market in Romania.

Romania and Moldova invested EUR 28 million in a gas pipeline between the two countries, on the Iasi-Ungheni route, out of which EUR 7 million are granted by the EU. R0mania already exports gas through the Arad-Szeged (Hungary) pipeline, but in small quantities.

Romania has invested EUR 9 million in this project, which aims to diversify the gas supply of the Republic of Moldova, which is currently relying on Russian imports.

The pipeline can transport up to 1 billion of cbm, enough to cover one third of the gas consumption of the Republic of Moldova.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine June 2024 Issue

The June 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “VTEX secures landmark partnership with major German retailer”. To
Newsroom | 06/06/2024 | 16:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue