Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania, Serbia to advance cooperation in gas, hydropower...

Romania, Serbia to advance cooperation in gas, hydropower sectors

February 22, 2024

Minister of Mining and Energy of Serbia Dubravka Dedovic Handanovic spoke last Thursday with Minister of Energy of Romania Sebastian Burduja about bilateral cooperation in the energy sector, the gas interconnection project and new investments in hydropower.   Dedovic Handanovic pointed out that the two countries traditionally have good and friendly relations, a foundation for advancing cooperation in the energy sector. “Romania is Serbia’s friendly neighboring country with which we foster strong bilateral relations in many spheres, and energy represents a strong pillar of our cooperation. We have been successfully developing cooperation in the electric power sector for decades, whereas hydropower plants on the Danube have represented a pillar for a secure electricity supply in both countries for 60 years now. At this point in time, we require the construction of new pumped storage hydropower plants more than ever, so that we achieve energy transition goals and integrate RES capacities into our system more easily. PSHPP Bistrica and PSHPP Derdap 3 are among the most important energy projects. They will change the energy landscape of our country and enable the balancing of variable energy sources,” she stated.   The two countries are jointly running hydropower plants Iron Gate 1 and 2 (Derdap 1 and 2), Serbia’s biggest ones, on their border on the Danube. In Romanian, they are called Portile de Fier 1 and 2. Derdap 3 is Serbia’s pumped storage hydropower project.   Preliminary study underway for ?erdap 3 pumped storage hydropower plant The preliminary feasibility study for PSHPP Derdap 3 is under development and it will show the project’s technical and economic feasibility, Dedovic Handanovic said. She spoke with her counterpart on the sidelines of the ministerial meeting of the Central and South Eastern Europe energy connectivity (CESEC) high-level working group. “To us it is very important to discuss this potential project with the Romanian partners because of its regional impact”, the minister asserted.   Dedovic Handanovic stressed regional interconnectivity in the gas sector is Serbia’s strategic objective and that it should improve the security of gas supply. “Late last year we put the Serbia-Bulgaria gas interconnection into trial operation, enabling the diversification of sources and supply as well as the delivery from the LNG terminal in Greece and of gas from Azerbaijan. Our plan is to connect with other neighbors as well, first with North Macedonia and Romania, and to additionally secure the supply to our citizens and companies, but also the gasification of the southern and eastern parts of our country,” the minister said.   The Government of Serbia recognized the project for a gas pipeline between Mokrin in Serbia and Arad in Romania as one of the priorities and it should be built by 2026, Dedovic Handanovic added. She revealed that she expects a memorandum of understanding that would include the topic to be signed soon.   The minister said Serbia has increased its bilateral electricity transmission capacities with Romania with the construction of the Trans-Balkan Electricity Corridor and that the Beogrid project envisages doubling the capacity.   Burduja informed his counterpart with the energy transition plans and highlighted the need to build pumped storage hydropower plants, saying that they would accelerate the process, the Ministry of Mining and Energy of Serbia said.    

Read in full - click here
Michelle Obama speaks about leadership, facing challenges at event in Bucharest

Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]

Czech president Petr Pavel spotted on holiday in Romania

Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations.  Pavel tried to see as much of what Romania had to offer. He planned his routes, […]

CES ESG Conference: Romania Accelerates Green Transition Through Sovereign Bonds, Local Investments or Public‑Private Partnerships

Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]

Romanian prime minister Ilie Bolojan to meet with three European commissioners in Brussels

Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing.  The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]

Survey: 85% of Romanians know of George Enescu, but awareness falls among young people

A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The

Romania registers USD 7.7 bln deficit in trade with China in 2024

The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well.  The People’s Republic of China […]