EUR/ SUCCESSFUL ENERGY COOPERATION FOR CENTRAL AND SOUTH-EASTERN EUROPEAN COUNTRIES CONTINUES
Published on: 16-09-2016
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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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