Supported byClarion Energy
HomeGasRomania: Bulgaria criticized...

Romania: Bulgaria criticized for delaying gas interconnection with Greece

Romanian officials announced that the first phase of the Bulgaria-Romania-Hungary-Austria (BRHA) gas pipeline project on Romania’s territory has been completed. CEO of Romanian natural gas transmission system operator Transgaz Ion Sterian expressed its dissatisfaction with Bulgaria’s constant delays in the construction of gas interconnection with Greece (so-called IGB pipeline).

Sterian noted that although the project included in the European Commission’s program of Projects of Common Interest, and financed by the EU, it has not been completed more than ten years after it was conceived. He added that Transgaz and Hungarian FGSZ have contacted Bulgartransgaz regarding the completion of the vertical gas corridor towards Greece, however, the Bulgarian did not answer.

The project, which connects Bulgaria, Romania, Hungary, and Austria, will increase Romania’s natural gas export and import capacity to Hungary to 1.75 billion cubic meters per year and the export capacity to Bulgaria to 1.5 billion cubic meters per year. The first stage’s cost amounted to 479 million euros, out of which 179 million euros came from the EU grant, while the rest was financed by natural gas transmission system operator Transgaz. The project’s second stage aims to connect the future offshore gas exploitation sites in Romania’s Black Sea section to BRHA pipeline, thus allowing the country to export part of the Black Sea production to Hungary and Austria. In June 2018, Transgaz has started the construction of the first phase of BRHA gas pipeline. Initial completion date of the first phase of BRHA gas pipeline was December 2019.

 

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania extends 25% diesel excise reduction through 15 October

Romania has extended its 25% excise-duty reduction on standard diesel through 15 October. The measure is set to continue into October after being previously applied during September. The extension keeps the tax relief in place while higher international prices...

Greece raises diesel subsidy and extends fuel discounts for two-week period

Greece is increasing its diesel subsidy to €0.15 per litre for the next two weeks, adding €0.05 in support as elevated fuel costs affect households and businesses. The measure is designed to run alongside existing retail pricing relief. Refinery discounts...

Transelectrica launches €90.4m digital upgrade for Alba Iulia 220/110/20 kV substation

Romanian transmission operator Transelectrica has launched a €90.4 million upgrade of its Alba Iulia 220/110/20 kV substation, excluding VAT. The project is intended as a pilot for broader digitalisation of the national grid. The scope links substation equipment with...
Supported byVirtu Energy