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South Stream To Go Through Romania – Econ Min

Romanian Economy Minister Adriean Videanu on Thursday said Russia-backed South Stream pipeline will transit Romania in its way to Bulgaria and further to Italy and Austria.
South Stream To Go Through Romania - Econ Min
22 apr. 2010, 13:58, English

„We’ve started a dialogue with the Russian Federation. Romania participates in all projects in south [Europe]. South Stream goes through Romania, and so are AGRI and Nabucco,” Videanu told a video conference.

Early April, Russian natural gas giant Gazprom said Romania can no longer replace Bulgaria in the South Stream project, but the country could be connected to the pipeline either by an offshore or onshore segment.

Russia already signed inter-government agreements regarding the South Stream project with Bulgaria, Serbia, Greece, Hungary, Slovenia and Croatia.

South Stream will have a length of 900 kilometers and is estimated to transport 63 billion cubic meters of natural gas annually. The project is seen as rival to the planned Nabucco pipeline, in which Romania already committed to participate.

Nabucco is scheduled to deliver approximately 31 billion cubic meters of gas annually from the Caspian Sea to Central Europe via Turkey and Romania, bypassing Russia.

Both projects are due for completion sometime in 2015.

On the other hand, Romania signed last week with Georgia and Azerbaijan a memorandum of understanding for building the Azerbaijan Georgia Romania Interconnection (AGRI) project, that includes the construction of liquefied natural gas (LNG) terminals.