Ukraine and Romania unblocked an additional gas route

GTS Operator of Ukraine LLC and the Romanian operator TRANSGAZ signed an interconnection agreement on cooperation in accordance with European rules from January 1, 2020. This was reported by the press service.

During a meeting in Brussels on December 12, 2019, the operators of the gas transmission systems of Ukraine, Moldova, Romania and Bulgaria agreed on the text of agreements to ensure reverse trans-Balkan gas pipeline, namely, on Transit-1 in the direction of Bulgaria-Romania-Ukraine-Moldova.

Suppliers will now be able to freely transport gas along a new route: from Southern Europe and Turkey – through Bulgaria and Romania – to Ukraine and further to Moldova. From January 1, at the interstate point Isakcha1-Orlovka1, capacity will be available on the Ukraine-Romania route in the amount of 17.8 million cubic meters per day, as well as in the opposite direction – 15.8 million cubic meters per day.

“This decision is historic and extremely important because it allows to create an additional route for gas imports to Ukraine, primarily to provide gas to consumers in Moldova and border consumers in Ukraine in Odesa region. This will allow to pass winter uninterruptedly, even under the condition of a possible termination of gas transit from the Russian Federation”, commented Serhiy Makohon, Director General of the GTS Operator of Ukraine.

The company noted that the previously signed agreement between the operators of the gas transmission systems of Ukraine and Romania did not allow transporting natural gas in the reverse direction, and also did not provide European rules for interaction, since such an opportunity was blocked by the current transit contract between Naftogaz of Ukraine and Gazprom. At the end of this contract, from January 1, 2020, such a condition will be leveled and the Ukrainian GTS Operator will be able to cooperate with the Romanian GTS Operator according to European rules.

The agreement also creates an additional technical opportunity for Moldova to alternatively import gas for its own needs from Turkey and Greece in the case that Gazprom stops transit to Europe through Ukraine.

In the coming days, the first auctions for booking capacities at the interstate point Isakcha1-Orlovka1 will be held.

Tags: The Cabinet of Ministers, Gazprom, gas, Naftogaz, contracts, legislation, EU, The Minystry of Energy and Coal Mining, Top management, gas transit, GTS, RF, foreign affairs, heating season, unbundling, Gas market, investments

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