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.
On October 17, Door to Romania, in partnership with Andreea Memet Law Office, hosted its inaugural event in Bucharest, attracting expats interested in learning more about life, business, and residency in Romania. Held at Stamina Workspace, the evening offered valuable insights on living costs, visa options, business relocation, and more, all aimed at helping attendees […]
On October 17, Door to Romania hosted its inaugural event in Bucharest, attracting expats interested in learning more about life, business, and residency in Romania. Held at Stamina Workspace, the evening offered valuable insights on living costs, visa options, business relocation, and more, all aimed at helping attendees make informed decisions about their journey in […]
The Şipot Villa, the place where the project for Romania’s famous Peleş Castle was conceived, is set to reopen by the end of this year as a cultural and tourist destination in the Sinaia mountain resort. The Villa is also known as the "House of Architects," a part of the Royal Domain of Peleş. The […]
The photo exhibition Memorable Encounters in the Făgăraș Mountains, capturing the area’s fauna and flora but also the people who live in harmony with this place, is open at the Dimitrie Gusti Village Museum in Bucharest. The exhibition, a project of Conservation Carpathia, gathers selected photos from the album of the same name, taken by […]
The Republic of Moldova will elect its president on October 20, 2024. It will be only the fifth presidential election since the country's independence in which the president is chosen through direct universal suffrage. The Central Election Commission (CEC) of Moldova announced that as of October 2, 2024, over 3.3 million Moldovan voters were registered. […]
Tudor Giurgiu and Cristian Pascariu's documentary Nasty, about the life and career of the tennis player Ilie Năstase, was included in the selection of the Rome Film Festival, which takes place between October 16 and October 28. The directors will meet the audience in Rome on October 21 and 22 for the film's two screenings. […]
