Moldova Plans Pipeline for Romanian Gas Supply
CHISINAU, Moldova (AP) — Romania has signed a 92-million-euro ($107-million) deal with Moldova to supply it with Romanian gas that will lessen its dependence on Russian gas.
Under the deal, a 75-mile (120 km) pipeline from southern Moldova to the capital Chisinau will be completed likely by the end of 2019.
Romanian national gas transporter Transgaz finalized the transaction to acquire Vestmoldtransgaz Thursday in a ceremony in the Moldovan capital attended by Romanian Economy Minister Danut Andrusca and Moldovan counterpart Chiril Gaburici.
Gaburici said it would increase energy security and he hoped "this will be a defining step in integrating Moldova in the European Union."
Moldova currently gets some 95 percent of its natural gas from Russia.
Related News
Related News
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments