Tag: Sterian

  • September 19, 2023 UPDATE

    September 19, 2023 UPDATE

    UN The Romanian president Klaus Iohannis
    takes part in the UN General Assembly in New York. On Wednesday Iohannis is
    expected to have a national intervention within the session’s general debates. On
    Tuesday, Romania’s Foreign Minister Luminita Odobescu participated in the third
    meeting of the trilateral format EU – Saudi Arabia – the Arab League staged
    jointly with Egypt and Jordan on the sidelines of the 78th session
    of the UN General Assembly. According to a communiqué of the Foreign Ministry
    in Bucharest, the format’s main objective is to reignite the Middle East peace
    process and to protect the two-state solution, Israel and Palestine. The head
    of the Romanian diplomacy has voiced her full support for this trilateral
    format and underlined the need for the creation of a credible political horizon
    and the implementation of measures aimed at increasing trust, which could lead
    to overcoming the deadlock in the negotiations. The Romanian Foreign Minister
    has underlined the importance of maintaining the status quo of the Holy Places
    in Jerusalem with the special role of custodian played by Jordan.




    GAS A branch
    of the Romanian company Transgaz has started operating the gas transport system
    in the neighboring Republic of Moldova, including in Transdniester. Analysts in
    Chisinau say this translates as reducing the energy dependency on the Russian
    Federation. The local company Moldovagaz, controlled by the Russian giant
    Gazprom, so far had the monopoly over gas deliveries and transportation in that
    country and had opposed the separation of these two services, as stipulated by the
    Moldovan and European legislation. Transgaz director Ion Sterian has told Radio
    Chisinau that this became possible after Romania had invested 430 million euros
    in the gas transport network. Sterian has given assurances that in the
    following five years new investments will be made in streamlining the gas
    networks and in connecting the households, which do not have access to the
    aforementioned network at present.








    FESTIVAL The George Enescu International Music Festival
    in Bucharest has reached its final week. Until Sunday, the public are invited
    to attend free of charge classical music concerts held in the Festival Square
    near the Romanian Athenaeum, where celebrated orchestras from Romania and the
    Republic of Moldova will accompany famous soloists and instrumentalists. The
    Radio Romania Big Band conducted by Simona Strungaru, will give a concert on
    Friday. On Sunday, the last performance in the Festival will be given by the
    Camerata Regală orchestra with the percussionist Zoli Toth.




    GRAINS Bulgarian
    farmers carry on protests against resuming the imports of Ukrainian grains,
    accepted by the Bulgarian government after the European Commission decided not
    to extend the ban on such imports. In turn, Bucharest continues to allow the
    transit of Ukrainian grains, but has introduced a one-month import restrictions
    until Kyiv comes up with a plan for its exports. The measure persuaded Romanian
    farmers to give up their protests. Poland, Slovakia and Hungary unilaterally
    banned imports of Ukrainian grain, prompting Kyiv to complain against them at
    the World Trade Organisation.




    (bill)

  • Romania will have a brand new gas pipeline

    Romania will have a brand new gas pipeline


    The National Company for the Transport of Natural Gas, Transgaz has signed a contract with Turkish company Kalyon Insaat for the construction of Tuzla-Podişor gas pipeline. According to a communiqué released for the Bucharest Stock exchange, the 500 million euro project consists in the construction of a 308.3 kilometer gas pipeline, linking the resources exploited in the Neptun Deep area in the Black Sea and the so-called BRUA corridor, which connects four EU members: Bulgaria, Romania, Hungary and Austria.


    According to Transgaz general director, Ion Sterian, after the Ungheni-Chişinău pipelines between Romania and the Republica Moldova, Tuzla-Podişor is the most important gas infrastructure project, a strategic one, essential in the energy security efforts and also included among the EU common interest projects. The new pipeline will be crossing the counties of Constanta, Calarasi and Giurgiu and will contribute to ensuring the necessary consumption of gas for the economy and population to creating the prerequisites for boosting private investment in the area, to supplying gas to the localities around it, to almost 185 thousand inhabitants, and over 500 public institutions (schools, mayor offices, clinics, cultural centers, etcetera).


    The new Deputy Prime Minister of the government in Bucharest, Marian Neacşu, says the future gas pipeline will also be able to carry the 15 billion cubic meters of gas from the Caspian Sea, reaching Romania through the terminals in Turkey and Greece. These connections, director Sterian says, will allow Romania to become a major regional hub around the year 2027.


    România, says its new Energy Minister, Sebastian Burduja, is a country with significant gas resources, a strategic transit point and a major regional player, which could contribute, thanks to its operational transport infrastructure, to the consolidated regional security. The political leaders statements have also been confirmed by statistics. Romanias gas imports in the first four months of the year went down by 45.6% as compared to the same period in 2022, shows data released by the National Institute for Statistics. The domestic output has increased by roughly 7 percent against the same period last year. The National Commission of Strategy and Prognosis has forecast a 2% increase in the local gas production and a 6.2% decrease in the imports this year.


    (bill)