Transgaz

Turkish company Kalyon has signed an agreement to build more than a 300-kilometer-long pipeline in Romania that will transport natural gas from the Black Sea.

The size of the Tuzla-Podisor gas transmission pipeline project is around 500 million euros, according to a statement released by the Romanian national gas transmission company Transgaz.

The project of the BRUA gas pipeline, the first phase, concluded at the value of 377.4 million euro, 21 pct, or 101.1 million euro, more economical than the value at auction, according to a release of Transgaz sent on Wednesday to the Bucharest Stock Exchange (BVB).

Romanian gas distribution and transmission companies will invest a total of 1.6 billion lei under 2021 projects, according to a press release of the National Energy Regulatory Authority (ANRE), sent to AGERPRES on Monday.

Romania's Transgaz national natural gas transmission corporation signed on January 28 a Memorandum of Understanding (MoU) on the Partnership for the Development of Natural Gas Networks in Eastern Europe (EE-NGP), according to a press statement released on Friday to the Bucharest Stock Exchange (BVB). The memorandum was signed by all the entities that are members of the project.

President Klaus Iohannis said, on Thursday, at the inauguration of the natural gas compression station Podisor, in Giurgiu County, that the energy sector has been severely disrupted in the past year by hazardous measures, such as Ordinance 114, and stressed that the zero emergency is repairing the "evil caused". "It is indisputable that, in the energy field, Romania enjoys certain advantages.

Transgaz has already completed 330 kilometers of the National Gas Transmission System on the Bulgaria-Romania-Hungary-Austria corridor (BRUA) gas pipeline, a strategic project for the Romanian economy, said on Thursday Prime Minister-designate Ludovic Orban, who attended the inauguration of the gas compressor station in Podisor.

SNTGN Transgaz SA inaugurated, on Monday, the Jupa Natural Gas Compression Station, which is part of the BRHA project, the Ministry of Economy informs. The value of the execution contract at August 31, without maintenance, for the Jupa STC is of 103.56 million lei. The value of the two compression units installed at the Jupa STC is of 12.6 million euro.

Work on the construction of the Turkish Stream is officially underway today after the agreement between the state gas operator Bulgartransgaz and the Saudi-based Arcad Consortium was signed yesterday.

The new pipeline is expected to become one of the main routes for the transmission of Russian gas to Europe as Russia plans to suspend transit through Ukraine next year.

From the beginning of next year, Bulgaria will be able to import up to a billion and a half cubic meters of natural gas from Romania. This was reported during the energy conference in Sofia dedicated to alternative sources of blue fuel.

Bulgaria's gas network operator Bulgartransgaz has resumed a 1.4 billion euro ($1.6 billion) tender to build a gas pipeline expected to transport mainly Russian gas from Bulgaria's border with Turkey to Serbia, it said Thursday, quoted by Reuters. 

Bulgartransgaz said it was seeking offers by March 6.