gas pipeline

“The United States appreciates the steps taken by Greece, Bulgaria, Romania, Moldova, and Ukraine to strengthen their energy security. Thanks to President Trump’s commitment to energy dominance, the United States is ready and able to deliver affordable, reliable and secure American LNG to our allies in Europe,” U.S. Energy Secretary Chris Wright said in connection with the November 7 signing of an agreement between these countries’ natural gas transmission system operators on a vertical gas corridor and the facilitation of natural gas exports to Ukraine, as quoted by Logos Press.

After Romanian Transgaz and its Moldovan subsidiary Vestmoldtransgaz announced a 50% reduction in regulated tariffs for gas transportation to Ukraine through Romania and Moldova via the Trans-Balkan pipeline (known as the Vertical Corridor), the three companies have booked its capacity for November. Until two months ago, there was no interest in this route at all, Logos Press reported.

Romania’s biggest producer and largest supplier of natural gas, state-owned Romgaz, has announced its intention to establish a subsidiary in Moldova.