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.
NOCA (New Oradea Contemporary Art), a hub for to contemporary visual art, is set to open next month in Oradea, in northwestern Romania. It is meant as a "cultural lab dedicated to meetings between modern and contemporary art, multidisciplinary practices and events, and established and emerging artists." The center was founded by Oradea City Hall […]
Representatives from across the Romanian diaspora and officials from Romania and the United States will take part in this year’s Romanian Community Summit 2025 (RoSummit 2025), set to take place in Chicago on September 20. The event is organized through a partnership of the Romanian-American community in Chicago and other diaspora organizations. It will focus […]
Via Transilvanica, the long-distance trail stretching between Putna, in northern Romania, to Drobeta Turnu Severin, in the southern part of the country, could receive funding of EUR 6 – 7 million from the European Economic Area (EEA) and Norway Grants 2021-2028, Investments and European Funds minister Dragoș Pîslaru told
Romania has chosen Teodora Ana Mihai’s Jaful Secolului/Traffic as its official entry for the Best International Feature Film category at the 2026 Academy Awards. Starring Anamaria Vartolomei, Rareș Andrici, and Ionuț Niculae, the movie will be released in Romanian cinemas on September 23. The film, written by Palme d’Or winner Cristian Mungiu and directed by Mihai, […]
President Nicușor Dan and defense minister Ionuț Moșteanu said on Wednesday, September 10, that Romania stands in full solidarity with Poland after Russian drones crossed into its airspace overnight, calling the incident an unacceptable violation of a NATO ally's sovereignty and a dangerous escalation. The Polish military shot down the drones,
Bucharest is emerging as one of Europe’s most attractive locations for Global Capability Centres (GCCs) as multinational companies seek lower costs and skilled talent amid tight labor markets in Western economies, according to a new study by Savills and CoreNet Global. The Romanian capital ranked 14th among 27 global GCC destinations for office costs, averaging […]
