The U.S. embassy said in a press release Thursday the grant funds a feasibility study to improve and confirm the technical design and economic and financial specifications for constructing the Romanian section of the Bulgaria-Romania-Hungary-Austria Connector (BHRA) and the Black Sea-Shore-Podisor Connector gas pipeline projects.
“The proposed upgrades to the Romanian National Transmission Network, evaluated by this study, will facilitate increased bilateral trade and support energy security throughout the region,” said U.S. Ambassador to Romania Hans Klemm.
Transgaz director general Petru Vaduva said the integration of the Romanian National Network with neighboring countries will soon become a reality and will establish a connection between Southern and Central Europe, while ensuring the security of supply and transparency of pricing in the region.
The projects are a critical piece necessary to increase pipeline capacity and upgrade the gas transmission network’s operating pressure, and ultimately energy security in the region. Through the modernization and construction of the new pipelines, Transgaz intends to distribute anticipated new gas resources from the Black Sea, as well as conduct bi-directional gas trade with neighboring countries.