“The Romanian segment of the pipeline is completed. We have the pipeline, but we need a company to run the distribution operations,” Ponta told reporters.
He said such a company should be set up by this fall.
Works on the Moldavian segment of the pipeline are almost completed as well, Ponta added.
The Iasi-Ungheni pipeline will be 43.2 kilometers long, of which 32.8 kilometers on Romanian territory. The pipeline will have an annual transport capacity of 1.5 billion cubic meters of natural gas.