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EUR/ SUCCESSFUL ENERGY COOPERATION FOR CENTRAL AND SOUTH-EASTERN EUROPEAN COUNTRIES CONTINUES

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Published on: 16-09-2016 Back

 
    Cooperation under the European Commission Initiative on Central and South-Eastern European Gas
    Connectivity (CESEC), launched in 2015, has produced tangible results.

   At today's meeting the Bulgaria–Romania–Hungary–Austria (BRUA) Connecting Europe Facility
  Grant agreement of 179 million euros was signed.   In addition, Joint Statements were signed by the
  Governments and Transmission System Operators (TSOs) from Greece, Bulgaria, Romania and
  Hungary on cooperation on gas projects along the so-called “Vertical Corridor”. Furthermore, a
  Memorandum of Understanding was signed by the TSOs) from Ukraine, Romania, Bulgaria and
  Greece on reverse flows on the Trans-Balkan pipeline. Ministers also welcomed the imminent
  completion of the new interconnector between Bulgaria and Romania and the project to
  reinforce the Bulgarian network preparing it for further interconnections with neighbouring
                                                                           countries… (link)




 
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