Supported byClarion Energy
HomeUncategorizedRomania and Serbia...

Romania and Serbia analyse funding of Iron Gates 3 energy project

 

Agerpres special correspondent Claudiu Zamfir reports: Prime Minister Emil Boc along with his Serbian counterpart Mirko Cvetkovic mandated the responsible ministers to analyse the funding sources necessary for the implementation of the energy project related to the Iron Gates 3, on the Danube river.

‘We discussed and we proposed a concrete analysis of the Iron Gates 3 project’s implementation. We mandated our responsible ministers to examine the funding sources and the implications of this extremely important project for our countries’ energy stability and for the region’s energy stability too,’ Emil Boc said.

Also regarding the energy sector, the Romanian Prime Minister proposed the Serbian side to engage in the AGRI Project, ‘a project on which Romania pins great hopes, as it will decisively contribute to the diversification of transport routes and gas sources, connected to our countries’ energy security.”

‘I got a positive answer from the Serbian Prime Minister,’ the head of the Bucharest Executive pointed out.

At the same time, the two premiers discussed about the Pan European Oil Pipeline project.

As for the infrastructure, the two heads of government tackled the construction of the motorway between Belgrade and Timisoara (western Romania), as a possible route of development between Serbia and Romania. In addition, they plan to boost the Romanian-Serbian cooperation in the Constanta port (south-eastern Romania), ‘by offering Serbia the possibility to rely on a connection hub in order to continue and support investments,’ with the Serbian side showing a keen interest in this proposal.

Source emg.rs

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

CBAM, GoOs and new trading routes reshape Southeast Europe’s power market

Three developments are beginning to reshape Southeast Europe’s electricity market: the introduction of carbon costs at the EU border, the potential recognition of Western Balkan renewable certificates in the EU and the emergence of new cross-border trading routes. The EU’s...

EU GoO recognition opens new renewable certificate market without removing CBAM hurdles

The European Commission has proposed mutual recognition of renewable Guarantees of Origin (GoOs) between the European Union and eligible Energy Community countries, potentially giving renewable generators in Serbia, Montenegro and other Western Balkan markets access to a much broader...

EU reform could lower CBAM default costs for Balkan electricity exports

Proposed changes to the European Union’s Carbon Border Adjustment Mechanism could significantly lower the default emissions assigned to electricity from Serbia, Montenegro and Bosnia and Herzegovina, potentially improving the economics of verified renewable power exports into the EU. Under the...
Supported byVirtu Energy