Tuesday, February 04, 2014

Romania not ready to export gas to Moldova

Last year Romania started EU-supported construction of a 43-kilometer pipeline Iasi-Ungheni to connect Moldova to the Romanian gas transportation network...

BUCHAREST, February 4. /ITAR-TASS/. Romania will not start exporting gas until it has entirely satisfied its internal needs, Romania’s Minister of Energy Constantin Nita said in an interview released by the state agency AGERPRES Tuesday.
“I want to reassure everybody who thinks we’ll be exporting gas just like that. First we should satisfy our own demand for gas, as we cannot start exporting it thereby leaving Romanian customers and industrial plants without fuel,” the minister said.

Romania’s export opportunities depend on the future development of petroleum products projects in Black Sea offshore near the Snake Island, as well as exploration of shale gas fields, he added.
About 80% of Romania’s natural gas needs are satisfied by domestic resources; the rest is purchased from the Russian monopoly Gazprom.
Last year Romania started EU-supported construction of a 43-kilometer pipeline Iasi-Ungheni to connect Moldova to the Romanian gas transportation network. According to the project’s participants, this will give Moldova an alternative source of gas supplies.
Moldova’s annual gas needs are 1.3 billion cubic meters of gas entirely imported from Russia.
http://en.itar-tass.com/economy/717554
4/2/14
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