Azerbaijan–Georgia–Romania Interconnector
The Azerbaijan–Georgia–Romania Interconnector (AGRI) is a proposed project to transport Azerbaijani natural gas to Romania. Natural gas would be transported by the pipeline from Sangachal Terminal in Azerbaijan to the at the Kulevi Terminal at the Black Sea coast of Georgia. In Kulevi, the liquefied natural gas export terminal (LNG plant) would be built. Liquefied natural gas will be transported by LNG tankers to the Constanţa terminal in Romania. After regasificaton natural gas will be delivered through the existing gas grid to Romania and other European countries.[1][2][3] Alternative to the transportation of liquefied natural gas is transportation of compressed natural gas.[1]
Capacity of the interconnector is expected to be 7 billion cubic metres (bcm) of natural gas per year, of which 2 bcm will be consumed in Romania.[2] The project is expected to cost cost €4–6 billion.[4][5]
On 13 April 2010, the Minister of Industry and Energy of Azerbaijan Natig Aliyev, Minister of Economy, Commerce and Business Environment of Romania Adriean Videanu and Georgian Energy Minister Alexander Khetaguri signed a memorandum on implementation of the project and establishment of the project company headquartered in Bucharest.[1][2][6] The project company will be formed by The project will be developed by a private company formed by Romgaz, State Oil Company of Azerbaijan Republic, Georgian Oil and Gas Corporation, and a consortium of financial institutions.[2]
The project is seen as a competitor to the Nabucco pipeline and White Stream pipeline projects.
References
- ^ a b c "Supplying Azerbaijani gas to Romania will play important role in European energy security". Trend News Agency. 2010-04-13. Retrieved 2010-04-13.
- ^ a b c d "Romania, Azerbaijan, Georgia sign LNG memo". News.Az. 2010-04-13. Retrieved 2010-04-13.
- ^ Claudia Pirvoiu (2010-04-13). "Romania, Georgia and Azerbaijan to bring gas to Europe. The project could be finalised before Nabucco". HotNews.ro. Retrieved 2010-04-13.
- ^ "Azerbaijan, Romania and Georgia signed memorandum on gas supplies". Trend News Agency. 2010-04-13. Retrieved 2010-04-13.
- ^ "Romania signs up to LNG plan". Upstream Online. NHST Media Group. 2010-04-13. Retrieved 2010-04-13.
- ^ "Romania, Georgia, Azerbaijan sign agreement to build gas terminals". Xinhua. 2010-04-13. Retrieved 2010-04-13.