Romania wants to buy Caspian gas
WORLD 07 February 2023 - 00:01
President Klaus Iohannis stated on February 3 that Romania remains highly interested in accessing additional volumes of Caspian gas in order to cover the growing national consumption, reports Agerpres.
„Since the very beginning, Romania has recognized the important contribution that Azerbaijan and the Southern Gas Corridor bring to fulfilling Europe’s energy needs. Romania has pledged its continuous commitment to be part of the efforts aimed at developing and expanding the Corridor towards new markets in Central and South-East Europe. And we remain highly interested in accessing additional volumes of Caspian gas to cover our own growing national consumption”, Iohannis at the ministerial meeting of the Southern Gas Corridor Advisory Council in Baku, stated alongside his Azerbaijani counterpart Ilham Aliyev, universul.net reports.
President Klaus Iohannis highlighted that, in recent years, Romania has made substantial investments in developing the gas transmission capacity, but also connectivity with neighboring countries.
Among these, he said that Romania have laid a brand-new transport infrastructure across the country, namely the Bulgaria-Romania-Hungary-Austria gas interconnector (BRUA) gas pipeline – and completed the upgrade of interconnectors with Bulgaria and Hungary.
„Romania’s Transgaz has joined forces with gas transmission system operators in Greece, Bulgaria, and Hungary for the development of the Vertical Corridor. The renewed Memorandum of Understanding signed by the four companies in December 2022 will enable bi-directional gas flows between South and Central Europe, through Romania, enhancing the security of supply in the whole region. (…) Since January 2022, and also as a result of investments made by the Romanian gas transmission operator, the Trans-Balkan gas pipeline can operate in reverse-flow mode. This provides an alternative supply route to gas volumes from Azerbaijan, through Turkey, Bulgaria, and Romania, and onwards to markets downstream. (…) The gas pipeline connecting the Romanian gas network to the capital city of Chisinau has been commissioned in October 2021 and is now fully operational. The pipeline can carry enough gas to cover the yearly consumption of right-bank Moldova”, Iohannis added.
He concluded that all these consistent efforts and solid investments which Romania made provide solid options for expanding the Southern Gas Corridor towards new markets in South-East and Central Europe.
„This is a win-win situation: the geography of Azerbaijan gas exports is diversifying, while strengthening Europe’s energy security”, Iohannis stated.
According to the president, the Southern Gas Corridor has proved, in the two years since becoming operations, its strategic importance for Europe’s energy security.”We have to commend all those who showed vision, political will and determination to make this Corridor a reality”, the head of state said.
He demonstrated that this Corridor becomes even more important at this particular time, when Russia’s war of aggression against Ukraine has drastically changed the geopolitical context, especially when we talk about energy security.
Iohannis also mentioned the European Union and the member states „have taken decisive steps to substantially reduce the dependence on unreliable gas sources, as they carry a geopolitical price tag that is just too high to pay.”
„This strategic course of action towards trustworthy partners such as Azerbaijan, has been long advocated by Romania. And we have enjoyed the benefits of the Strategic Partnership between Romania and Azerbaijan, since its launch in 2009″l the president stated.
He pointed out that the responses to Europe’s questions in terms of energy require solidarity, regional cooperation and a diversification of sources and transport routes, and these are key principles, which are encapsulated by projects such as the Southern Gas Corridor.
President Iohannis said that last year everyone has to confront with unprecedented energy challenges: gas shortages or lack of affordable gas supplies, price volatility, market turbulence, and these challenges required complex policies and regulatory shifts.
„The gas from Azerbaijan, delivered through the Southern Corridor, came as a safety net for many states in the region. The assurances given by Azerbaijan, personally by President Aliyev, on the availability of Caspian gas for the European market, have provided much-needed stability and predictability at a very stressful juncture for the markets. The conclusion of the Memorandum of Understanding on a Strategic Partnership in the field of Energy signed by the European Union and Azerbaijan in July 2022 opens the way for further cementing the role of the Southern Corridor as an essential component of the EU’s diversification strategy”, he said.
The 9th Ministerial Meeting of the Southern Gas Corridor Advisory Council in Baku was also attended by European Commissioner for Energy Kadri Simson, as well as officials from many countries such as Azerbaijan, Turkey, Italy, the UK, Georgia, Hungary, Romania, Bulgaria, Greece, Albania, the Republic of Moldova, Montenegro, Serbia, Ukraine, Croatia.
Caliber.Az
1
|
Iran re-evaluating its ties with Azerbaijan, Armenia Baku - more important, honest partner than Yerevan
25 April 2024 - 12:00
|
2
|
Armenia returns four villages to Azerbaijan, paving the way for peace in the South Caucasus Landmark accord
23 April 2024 - 09:14
|
3
|
Mark Rutte seeks Türkiye's backing for new job A new pair of hands
24 April 2024 - 16:55
|
4
|
"Peoples of South Caucasus should resolve their differences independently" Foreign analysts on Caliber.Az
24 April 2024 - 17:40
|
5
|
Armenian PM's Moscow visit sparks speculation on bilateral relations Dilemma between East, West
23 April 2024 - 11:19
|
Any light at end of tunnel for China’s Hong Kong?
26 April 2024 - 03:05
US dealing with rare bifurcation of economy
26 April 2024 - 01:03
One international destination everyone wants to go to this summer
25 April 2024 - 23:00
Azerbaijani leader's plane makes its maiden voyage from Fuzuli to Berlin
25 April 2024 - 20:59
Azerbaijan, Kazakhstan forge closer ties during high-level meetings
PHOTO/VIDEO25 April 2024 - 20:53
Russia’s Putin to visit China
25 April 2024 - 20:45
Azerbaijani tourism agency granted membership in Global Sustainable Tourism Council
25 April 2024 - 20:37
Azerbaijani parliament condemns EP's biased resolution on human rights
25 April 2024 - 20:25
Putin calls on large businesses to traditionally take part in SPIEF 2024
25 April 2024 - 20:19
Iranian defense minister heads to Astana for SCO defense ministers' meeting
25 April 2024 - 19:59
Türkiye neutralises over 800 terrorists since early 2024
VIDEO25 April 2024 - 19:43
European Parliament urges member states not to consider Russian elections legitimate
25 April 2024 - 19:24
How Iran covers up damage from Israel’s strikes?
PHOTO25 April 2024 - 19:05
Palestinians retrieve 392 bodies from 3 mass graves in Gaza’s Khan Younis
25 April 2024 - 18:46
Iran to launch missiles anywhere in Israel if necessary, general warns
25 April 2024 - 18:27
Twenty border markers installed between Azerbaijan & Armenia
Delimitation progress25 April 2024 - 18:18
Dozens detained at protests in Armenia
25 April 2024 - 18:08
Azerbaijan, Uzbekistan expanding cooperation in space industry
25 April 2024 - 17:49
Controversial Nobel Peace Prize nominee Vardanyan faces int’l scrutiny & opposition
A closer look at actions contrary to peace & humanitarian efforts25 April 2024 - 17:31
Iran builds up military power by showing off advanced Bavar-373 air defence system
PHOTO25 April 2024 - 17:15
Presidents of Azerbaijan, Kyrgyzstan visit Fuzuli, Aghdam cities
PHOTO25 April 2024 - 17:05
Lukashenko blames opposition and NATO: They want to take a district in Brest region by force
25 April 2024 - 17:00
Top Israeli, Egyptian officials secretly meet to discuss possible Rafah invasion
25 April 2024 - 16:41
Energy leading to peace
Proceeding from Azerbaijani President’s speech in ADA25 April 2024 - 16:22
“It would be a big mistake if Armenia used the support gained from the EU against Azerbaijan”
Amashov’s impromptu interview with Ambassador Sharp25 April 2024 - 16:16
Armenian Parliament speaker says legitimate border crucial for peace with Azerbaijan
25 April 2024 - 16:07
New mass grave discovered in Khojaly
Investigation underway / PHOTO25 April 2024 - 15:51
Port of Baku: the Eurasian trade hub working to expand and accelerate growth
Article by Euronews / VIDEO25 April 2024 - 15:39
Hybrid warfare being waged against Armenia, official says
25 April 2024 - 15:24
Azerbaijani police discover cache of weapons in Khankendi, linked to Armenian forces
25 April 2024 - 14:58
Zakharova slams Armenian media for distorting Russian leadership’s statements on Baku-Yerevan ties
25 April 2024 - 14:44
Baku, Budapest cement economic ties, sign protocol
25 April 2024 - 14:27
Yerevan ready to discuss gas purchase with Baku – Armenian Speaker
UPDATED25 April 2024 - 14:15
Azerbaijan set to take bold steps vis-à-vis climate change - minister
25 April 2024 - 14:09
Official: Hamas would lay down its weapons if two-state solution implemented
25 April 2024 - 13:54
Türkiye captures nearly 3,000 Islamic State suspects in 10 months
VIDEO25 April 2024 - 13:40
Blinken tours China to promote some ties
25 April 2024 - 13:26
Azerbaijani presidential aide showcases Fuzuli's rebirth in stirring social media video
25 April 2024 - 13:15
Media: China harbours ship tied to North Korea-Russia arms transfers
25 April 2024 - 13:11
Western Azerbaijan Community condemns US human rights report as discriminatory
25 April 2024 - 12:58