Romanian president: Romgaz, SOCAR to sign new agreement

Romanian President Klaus Iohannis has said that Romanian and Azerbaijani energy giants will sign a new agreement on February 3.

He made the remarks at a joint news conference with Azerbaijani President Ilham Aliyev in Baku on February 2, Azertag reports.

“Azerbaijan has started transporting additional gas volumes to Romania in January. Tomorrow [February 3], the state oil companies of both countries, 'Romgaz' and SOCAR, will sign a new agreement,” he said.

“According to that agreement, additional gas will be transported to our country in 2023-2024. Both the Southern Gas Corridor, as well as the future submarine transportation cable of electric energy produced in Azerbaijan from renewable resources, projects which are sustained by the European Commission will significantly contribute to ensuring the energy security in the European Union. We discussed these issues with President Aliyev today,” the Romanian president mentioned.