“We [Romania and Turkey] have decided to redo the feasibility study and we’ve discussed about the financial aspects of the project,” Turkish Energy Minister Taner Yildiz told a news conference in Bucharest Friday.
“The cable was not feasible before, but considering the current energy prices and the new technologies, the project might be possible.”
Romania and Turkey first held talks on the construction of an underwater electric cable in 2006, when the project was valued at EUR400 to EUR500 million.
Another option for Turkey to receive electricity from Romania would be to include Bulgaria in the project and use its landline power grid, Yildiz said. The Turkish minister was scheduled to meet with his Bulgarian counterpart in Sofia later Friday.