Eurasia Review: Nabucco Gets A Boost In Romania

A special law on the Nabucco gas pipeline project, passed by the Romanian parliament in May, was enforced following a Bucharest meeting of the Nabucco Committee.

The project is a major EU energy effort to diversify gas supply routes for Eastern and Central Europe, and decrease the dependence on Russian resources.

The new law aims to fast-track necessary work in Romania, which is part of implementing the Nabucco project.

For Romania, the project bears a crucial significance.

“The gas pipe will bring strategic and commercial advantages for Romania and will lead to an increase of the energy security of both Central and Southeast Europe and the whole EU,” the Romanian Ministry of Foreign Affairs said in a statement to SETimes.

“Nabucco is primarily promoted by Romania and the principal project within the EU’s Southern gas corridor, an initiative which aims to diversify energetic sources and transport routes within the EU. The new law represents the expression of the political will of the Romanian authorities to actively participate in fulfilling this project,” the ministry statement added.  MORE