AcasăAsia Pacific NewsMemorandum with Azerbaijan on an investment for a liquefied natural gas facility...

Memorandum with Azerbaijan on an investment for a liquefied natural gas facility at the Black Sea

Published on

Prime Minister Nicolae Ciuca announced, on Wednesday, the signing of a memorandum with the representatives of the Azerbaijani company SOCAR for a joint investment in a liquefied natural gas facility at the Black Sea, according to Agerpres.

„Following the bilateral meeting we had with the President of Azerbaijan, Mr. Aliyev, we agreed to analyze together the possibility of starting a joint project at the Black Sea for liquefied gas. And, in this way, today, a team from the SOCAR company from Azerbaijan is present in Romania. This afternoon, at the Government, we will sign a memorandum together, which will form the basis of a joint investment in an LNG facility at the Black Sea,” said Ciuca, at the beginning of the Government meeting .

He specified that the development of such projects aims to ensure Romania’s energy independence.

„We are as connected as possible and we have the necessary reasons to continue developing these projects, which will truly ensure our energy independence,” the PM said.

According to the agenda announced by the Government, Prime Minister Nicolae Ciuca will meet on Wednesday afternoon with the Ministers of Economy and Energy from Azerbaijan, Mikayil Jabbarov and Parviz Shahbazov, and the Minister of Energy, Virgil Popescu, will also participate in the discussions.

At the end of the meeting, a memorandum will be signed between the Azerbaijani company SOCAR and SN ROMGAZ.

Agerpres

Latest articles

UDMR picks national leader Kelemen as their presidential candidate

National leader of the Hungarian Democratic Union of Romania (UDMR) Kelemen Hunor on Friday...

Romanian companies to be able to export agri-food products to Israel

Romanian companies will be able to export agri-food products to Israel, after the trade...

USR to file its own lists for next elections

Save Romania Union (USR) national leader Elena Lasconi says that USR will run on...

Romania’s economy slightly growth in Q2 by 0.1pct, by 0.7% in H1 2024

The Gross Domestic Product (GDP) increased by 0.1% in the second quarter of 2024,...

More like this

UDMR picks national leader Kelemen as their presidential candidate

National leader of the Hungarian Democratic Union of Romania (UDMR) Kelemen Hunor on Friday...

Romanian companies to be able to export agri-food products to Israel

Romanian companies will be able to export agri-food products to Israel, after the trade...

USR to file its own lists for next elections

Save Romania Union (USR) national leader Elena Lasconi says that USR will run on...