Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania, Serbia sign gas interconnector memorandum

Romania, Serbia sign gas interconnector memorandum

September 4, 2024

Romania's Energy Minister Sebastian Burduja and his Serbian counterpart Dubravka Dedovic Handanovic on Monday signed a memorandum of understanding on a gas interconnector construction project between Romania and Serbia, Burduja reported in a social media post on Monday."This strategic project will connect the natural gas transmission system in Serbia, through the Mokrin technological node, with the BRUA line in Romania, opening new opportunities for diversifying energy sources and increasing the competitiveness of gas prices. The Arad-Mokrin interconnector will play an essential role in energy security and regional integration of energy markets. We want to start construction next year, so that this project becomes a reality by 2028 at the latest," Burduja said.He added that this investment will offer Romania two benefits for all Romanians: a more competitive market, which will bring the lowest price to consumers, energy security, de-insulation of energy systems and diversification of supply sources."At the same time, we are working closely with Serbia for the development of electricity interconnections, and the Resita-Pancevo strategic project is advancing through Transelectrica's efforts. At the end of this year, circuit 2 will be ready, and in the first part of 2025 the entire project will be finished, including circuit 1. This partnership with a reliable historical ally, makes sure that Romania fully pledges to act as a key player in the region, with a strong, competitive, stable and future-oriented energy sector."In Romania, the natural gas transmission pipeline will be coupled to the Bulgaria-Romania-Hungary-Austria (BRUA) pipeline (Petrovaselo, Timis County) about 86 km long (the border between Romania and Serbia - Comlosu Mare, Timis County), according to data released by the Ministry of Energy. In Romani, the pipeline runs through Recas, Lenauheim, Remetea Mare, Giarmata, Pischia, Sanandrei, Ortisoara, Satchinez, Biled, Sandra, Gottlob, Comlosu Mare, designed to ensure the bidirectional flow of a gas flow of at least 1.6 billion Smc/year (183,000 Smc/h).Romania and Serbia will make every effort to start the actual construction next year, with the investment project being estimated to be completed by 2028.Burduja also said that in Q1 2024, Romania provided almost 30% of the gas production of the entire European Union. "The national company Romgaz continues to have big plans: Neptun Deep, the EUR 4 billion investment in the Black Sea, will double the production of Romanian gas from 2027; and in Caragele they are drilling more than ever, with an investment programme in excess of RON 1 billion."According to Burduja, Romania has all the assets to be an energy hub in the gas market and a pillar of stability for neighbouring countries. "Transgaz is working incessantly for the completion of BRUA - the Black Sea line at the Western border, the Tuzla-Podisor segment is the last one missing, and works there are advanced - and on making operational the Vertical Corridor, an alternative to Russian gas for the entire region."  

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/romania-serbia-sign-gas-interconnector-memorandum/109766
Read in full - click here
Romanian-born Druid AI raises USD 31 million for agentic AI platform growth, appoints Joseph Kim as CEO

Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]

Average Bucharest driver loses roughly 12 days annually due to congestion, report shows

Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]

Romanian Parliament holds moment of silence for American conservative activist Charlie Kirk

Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]

EUR 60,000 shelter in Romania's Făgăraș Mountains to be completed this autumn

A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]

Trailer released for ‘The Yellow Tie’ biopic on Romanian conductor Sergiu Celibidache

The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]

Romania’s cancelled 2024 presidential elections influenced by Russia, general prosecutor says

The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...