RSS
Transgaz keeps to its commitments with regards to the BRUA project and rejects the accusations they favour Hungary
SNTGN Transgaz keeps to its commitments with regards to the project of the gas pipeline BRUA and rejects the accusations according to which they would favour Hungary,consider the representatives of Transgaz in a press release published on the site of the company.
The statements of the company come in the context of information in the public space in Romania with regards to the BRUA project and the capacities of transport for natural gas between Romania and Hungary.
‘BRUA is a project of national interest, supported firmly by the European Commission. BRUA will bring to the country important income from tariffs of natural gas transport and will change Romania into a serious player on the market of natural gas of the European Union.Transgaz keeps to its commitments according to the initial project,which benefitted from the support of all Romanian governments and rejects the accusations that they favour Hungary’ the Transgaz press release says.
The representatives of the company say that the reservation of the transport capacity is a condition for starting the investment in BRUA phase 2.
‘During this process, Transgaz kept in touch with the European Commission and with ANRE which validated the decisions all parties involved considered in the interest of Romania and from a strategical point of view as well as an economic one. Transgaz says that they cannot control what happens to the gas extracted in the Black Sea as the gas is distributed to other companies. We mention the fact that in accordance with the European and national legislation, Transgaz has the role of operator of the system of transport and has no right to trade the natural gas’ the press release of the company says.
The BRUA project is a new project of European corridor of gas transport which could have a total length of 1,318 km and offer interconnection between the countries along the route, to support the electricity market allowing new connections with major projects of infrastructure such as the pipeline Trans-Adriatic Pipeline (TAP) and the pipeline Trans-Anatolian Natural Gas Pipeline (TANAP) other gas hubs in Central Europe and the future installations for offshore production in the Black Sea.
Similarly, the project is thought to ensure a better integration of the European markets for gas and will increase the security of the supply.
Transgaz received financing for this project from the European Union which offered a grant of 179 million euro,as well as loans from the European Bank of Investments (50 million euro) and the European Bank for Reconstruction and Development (60 million euro).
The first phase of the project includes the construction of a gas pipeline with a length of 478 km between the localities Podisor and Recas as well as of three compression units placed in Podisor, Bibesti and Jupa in Romania. The total cost of the project on the territory of our country is of 479 million euro.