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Romania: 360 mln euro for Tuzla-Podisor pipeline

Bucharest aims at profiting from Black Sea hydrocarbon sector

22 August, 13:58
(ANSA) - BELGRADE, 22 AGO - The Romanian public company Transgaz may invest 360 million euro in the Tuzla-Podisor pipeline, which will deliver natural gas from the Black Sea to the international pipeline Bulgaria-Romania-Hungary-Austria (BRUA), local media reported.

The portal Business Review said that in May 2018 Transgaz completed a tender for a gas capacity reservation in Tuzla, a key step for building the Tuzla-Podisor pipeline.

A Deloitte study, made public in May, said that investments in the Romanian oil and gas sector in the Black Sea may generate revenues of over 26 billion dollar to the public budget and 40 billion dollar to the Romanian GDP until 2040. (ANSA).

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