Project Profile
Value: US$7 billion
Location: From Azerbaijan to Romania
Capacity: unknown
Length: unknown
Start-up Year: 2018
The project will see the construction of a natural gas pipeline from Azerbaijan to Romania, via Georgia. The project also includes supply of Azerbaijani liquefied natural gas to Romania via the construction of two terminals for liquefied natural gas – one in Georgia, the other in Romania. The project envisages transporting Azerbaijani gas, via pipelines to the Black Sea coast of Georgia, where the gas will be liquefied at a special terminal, after which the gas will be delivered to the terminal in the Romanian port of Constanta by tankers. The liquefied gas will be converted into natural gas and, using gas infrastructure available throughout the country, will be sent to cover the needs of Romania and other European countries.
Operators:
SOCAR (State Oil Company of the Azerbaijani Republic): With 25% interest
Romgaz: 25% interest
MVM : 25% interest
Georgia Oil and Gas Corporation: 25% interest
Contractors:
Penspen: Feasibility study