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Caspian Oil & Gas Conference - Romania supports SGC advisory council’s 3rd meeting

Romania supports SGC advisory council’s 3rd meeting
22.02.2017

Romania’s Energy Minister Toma-Florin Petcu, in a letter on behalf of his government to his Azerbaijani counterpart Natig Aliyev, expressed highest support for the Southern Gas Corridor (SGC) project and the upcoming third meeting of the SGC Advisory Council, to be held in Baku Feb. 23.

The letter says that Romania, along with the support for ministers’ meeting within the SGC, praises the achievements of cooperation in such format, reads a message from Azerbaijan’s Energy Ministry.

Petcu said Romania is confident that the Southern Gas Corridor remains as the most consistent choice for increasing Europe’s energy security through diversification of sources and routes of gas supply.

The letter also noted Azerbaijan’s leading role in the region as a gas producer, highly appreciated the cooperation between Azerbaijan’s state oil company SOCAR and Romania’s TSO, and touched upon Romania’s interest in the expansion of this cooperation.

Moreover, Petcu invited Natig Aliyev to pay a visit to Romania to discuss bilateral and regional projects, as well as the opportunities for expansion of cooperation.

SGC Advisory Council held its first meeting on Feb. 12, 2015 and second meeting on Feb. 29, 2016.

The Southern Gas Corridor envisages transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region to Europe via Georgia and Turkey.

The gas will be exported through expansion of the South Caucasus Pipeline and the construction of the Trans Anatolian Natural Gas Pipeline and the Trans Adriatic Pipeline.


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