(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 4. Romania intends to
continue supporting energy projects in Kazakhstan and Azerbaijan,
Ana Cristina Tinca, State Secretary of the Ministry of Foreign
Affairs of Romania, said in an exclusive interview with Trend .
"The most natural conduit connecting the European Union and
Kazakhstan, and bringing them closer Politically and economically,
is the Southern Caucasus region and Azerbaijan, a riparian Caspian
country. It is equally critical to note that Kazakhstan and
Azerbaijan are both significant energy partners for the European
Union. Consequently, the European Union, and Romania in particular
(as an EU Member State at the Black Sea), will persist in their
support of all initiatives that are designed to improve energy
security," she said.
As the state secretary noted, Romania is particularly concerned
with the diversification of supply sources and transport routes,
the sustainable development of new energy sources, and the
promotion of a balanced transition to green economies.
"Naturally, increasing the volumes of hydrocarbons shipped via
the Caspian and Black Seas, building new infrastructure capacities
or expanding existing ones, as well as developing green energy,
remain key topics of interest for us. When it comes to
connectivity, we believe that policymakers in Kazakhstan,
Azerbaijan, and the European Union (including in Romania) share the
same views over the importance of developing transport and
logistics, energy, and digital connectivity," Ana Cristina Tinca
said.
The state secretary emphasized Romania's active participation in
important projects, including regular ferry lines in the Black Sea,
the development of an electric cable under the Black Sea (known as
the Green Electricity Corridor), an underwater fiber optic cable
towards the South Caucasus, and the Black Sea-Caspian Sea Freight
Transport Corridor.
"These projects also contribute to enhancing the connections
between Europe and Kazakhstan and the broader Central Asian
region," she added.
To recall, on December 17, 2022, Azerbaijan, Georgia, Romania,
and Hungary inked a strategic partnership agreement, outlining the
construction of an energy bridge from the Caucasus region to
Europe.
The aforesaid agreement specifies that the Black Sea Energy
submerged electric cable, which will be 1,195 kilometers long and
have a capacity of 1,000 MW, will be built. Romania will serve as a
conduit for the transmission of green electricity that originates
in Azerbaijan and travels via Georgia and the Black Sea to Hungary
and the rest of Europe. Up to four gigawatts of renewable energy
might be made available under the effort.
This May, energy operators from Azerbaijan, Romania, Georgia,
and Hungary signed a memorandum to establish a joint venture for
the implementation of the Black Sea Energy project.
The headquarters of the aforementioned joint venture will be
located in Bucharest, Romania.
MENAFN04102024000187011040ID1108745809
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.