The Iasi-Ungheni pipeline will be 43.2 kilometers long, of which 32.8 kilometers on Romanian territory. Romania’s financial contribution to the project is expected to reach around EUR12 million.
Construction is estimated to take 17 months and final costs may vary based on price developments, the document said.
When completed, the pipeline will ensure an annual transport of 1.5 billion cubic meters of natural gas.
The project is supposed to lessen the two countries’ dependency on Russian imports.