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Romania can provide opportunities for Turkmen energy resources to enter the European market

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OIL & GAS

Romania can provide opportunities for Turkmen energy resources to enter the European market

Romania, due to its membership in the EU, geographical location and participation in strategic regional energy projects, can provide long-term opportunities for Turkmen energy resources to enter the European market. Trend reported, it is said in a statement of the Ministry of Economy, Energy and Business Environment of Romania. Source: Neftegaz

The Romanian ministry said:

  • Southern Gas Corridor (SGC) is of particular importance for the energy diversification of the EU
  • Turkmenistan can make an important contribution to the SGC project
  • We must not forget that Turkmenistan ranks 4th in the world in terms of natural gas reserves
  • At present gas volumes from Azerbaijan are the main source of supplies for the project
  • At the next stages, the project will consider other sources of supply, such as Turkmenistan
  • The report also says that the Trans-Caspian gas pipeline project was included in the latest list of projects of common interest of the European Commission, thereby obtaining strategic status.

Romania has supported the SGC project from the very beginning and is interested in being part of this transport infrastructure at its future stages of development and having access to those volumes of gas that will be transported through this infrastructure, including potential gas volumes from Turkmenistan, is specified in the message.

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