Azerbaijan is ready to participate in the implementation of AGRI (Azerbaijan-Georgia-Romanian Interconnector) project if there are private investors, the country’s Energy Minister Natig Aliyev told reporters Nov.27. “It is a very interesting project,” he said. “Azerbaijan has necessary resources which it could export to Romania. However, a number of issues remain unresolved.” The minister said that for the present, it is not clear who will invest in AGRI project, as well as in constructing a terminal in Georgia. Romania won’t be able to finance this project by itself, said the minister adding that therefore, the participation of a driving force represented by private investors or financial institutions is necessary. “For our part, we are ready to participate in the implementation of the project,” said Aliyev. AGRI project envisages transportation of Azerbaijani gas to the Black Sea coast of Georgia via gas pipelines. Azerbaijani gas delivered to Georgia’s Black Sea coast will be liquefied at a special terminal and following this, it will be delivered in tankers to a terminal at the Romanian port of Constanta. Further, it will be brought to the gaseous state and sent via the country’s gas infrastructure for meeting the demands of Romania and other European countries. The cost of the project will vary from 1.2 billion euros to 4.5 billion euros, according to the preliminary estimations. The project’s cost will depend on the capacity of terminals that can be equal to 2-8 billion cubic meters of gas per year. The participants of the AGRI project are the State Oil Company of Azerbaijan (SOCAR), Georgia's Oil and Gas Corporation, as well as MVM (Hungary) and Romgaz (Romania). The parties established the SC AGRI LNG Project Company SRL in February 2011 for the implementation of the project, trend.az informs.
Romanian tennis player and women’s former world no. 1 Simona Halep said that she decided to withdraw from the Australian Open due to knee and shoulder pain felt after playing in Abu Dhabi. She had received a wild card for the qualifiers of the Australian Open, the first Grand Slam tournament of 2025. “After discussing […]
Over 1.3 million visitors, including Bucharest residents and tourists from around the world, rediscovered the magic of Christmas at the Romanian capital’s main holiday event, held from November 29 to December 26 in Constituției Square. Organized by the City Hall of Bucharest through CREART – the Center for Creation, Art, and Tradition, the event was […]
Romania is set to close more than 30 border crossing points starting January 1, 2025, following its full accession to the Schengen Area, which entails the removal of internal border checks. The decision was announced in a government decision project published by the Ministry of Internal Affairs and quoted by Libertatea.ro. ...
Metrorex, the operator of the subway network in Bucharest, has proposed a fare increase starting January 1, 2025. Under the new plan, the cost of a single trip would rise from the current RON 3 to RON 5, while the monthly subscription would increase from RON 80 to RON 100, according to a draft order […]
More than 500,000 Romanians are celebrating their name day on Friday, December 27, coinciding with the feast of Saint Stephen, according to data from the Directorate for Personal Records quoted by News.ro. Among them, 364,444 men and 155,791 women...
On Monday, December 23, Romanian police brought Nica Robert Florin back to the country. The man convicted of possession of high-risk drugs, bodily harm, and driving under the influence of alcohol, is listed among Romania’s Most Wanted category and was also wanted internationally. Romanian authorities revealed at the beginning of October that they had indications […]
