Turkey will launch the export of 4 bcm of natural gas to Romania via pipelines starting October 1.
Turkey will begin exporting four billion cubic meters of natural gas per day to Romanian oil company OMV Petrom by the beginning of October after an export agreement was inked between the energy giants, Turkey’s state-owned BOTAS Petroleum Pipeline Corporation said in a statement on Wednesday.
“BOTAS has signed a significant agreement with OMV Petrom, one of the biggest energy companies in the region … Natural gas exports from Turkiye to Romania via pipelines will start on October 1, 2023, under the agreement, which allows for the supply of up to 4 million cubic meters of natural gas per day and will terminate on March 31, 2025,” the statement read.
The two countries further agreed to boost cooperation in the industries of transmission, storage, production, and clean energy technologies, as well as the trade of natural gas.
Turkey’s Energy Minister Alparslan Bayraktar said last month that his country will export natural gas to non-neighboring European countries for the first time.
Ankara expedited efforts in recent years, more so following the war in Ukraine and the energy crisis caused by Western sanctions on Russia, to establish itself as an energy hub and exporter connecting the three continents: Asia, Europe, and Africa.
In April, Hungary announced that it had commenced talks with Turkey on receiving liquefied natural gas (LNG) from a Turkish terminal.
Source: Almayadeen
