News from Eastern Europe: Ukraine, Romania sign gas interconnection agreement

12:35 Jul. 20, 2016

Ukraine, Romania sign gas interconnection agreement

(UNIAN Photo)

The countries link their gas transmission systems

According to the Ukrtransgas press service, Romania and Ukraine have turned their cross-border transfer point at Isaccea/Orlovka into an interconnection point as defined by the European Union regulations. Operator companies plan to permanently supply gas from Ukraine to Bulgaria through Romanian territory. The system will also be used for reverse-flow supplies from the EU to Ukraine. This route was previously used by Russian monopolist Gazprom to deliver gas to Bulgaria. 

Read more Ukraine resumes gas imports from Poland

The newly-signed agreement together with the agreements signed between Greece and Bulgaria, as well as Bulgaria and Romania, will allow the bilateral gas transit from Ukraine to Greece (for now - only virtual northern direction).  The document fully reflects the requirement of the EU regulations. The agreement will come into an effect on October 1. 

Read more Gazprom loses USD 3.4 bln in legal battle with Ukraine


comments powered by Disqus


Business15:08 Dec. 9, 2016
EU mediates Russia-Ukraine gas talks as standoff continues
Business16:12 Dec. 8, 2016
Gazprom applied for Turkish Stream pipeline building
Business11:48 Dec. 8, 2016
Flagship Ukraine privatization flops as plant attracts no bids - Reuters
Business11:44 Dec. 6, 2016
EU spells out its stance on wood export ban
Business19:08 Nov. 29, 2016
Three reasons to invest in Poland to reach the EU market
Subscribe to receive regular email updates about Ukraine and Eastern Europe