After the EU was cut off from Russian gas in 2023, the President of the European Commission Ursula von der Leyen went to Baku to meet with President of Azerbaijan Ilham Aliyev, signing a supply agreement of 10 billion cubic meters to strengthen Europe’s gas supplies.
As part of the new energy agreements, a memorandum was signed in October 2022 in Bucharest between SOCAR and Romgaz to develop a technical and economic feasibility study (TEFS) for the transportation of Azerbaijani gas along the Baku-Kulevi-Constanta route. This project could include the construction of LNG production and regasification facilities in Kulevi and Constanta respectively, along with the creation of other necessary infrastructure. The feasibility study of the project is expected to be completed within the current year, confirming the commitment of Romania and Azerbaijan for deep energy cooperation amid the transformation of the global energy market.
However, Romania is not the only European destination for Azerbaijani gas, as Aliyev declared in a speech during the opening ceremony of the Bulgaria-Serbia Interconnector in Nis, Serbia. […]
Subscribe now
Access reserved contents
You browse with reduced advertising
Get discounts on products and services
Are you already a member? Click here
