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    Moldova interested in joining Solidarity Ring (Exclusive)

    kitsiosgeo by kitsiosgeo
    June 19, 2023
    in Europe
    0
    Moldova interested in joining Solidarity Ring  (Exclusive)

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    BAKU, Azerbaijan, June 19. Moldova is
    interested in joining the Solidarity Ring, which entails the
    delivery of additional gas volumes from Azerbaijan to Europe, State
    Secretary of the Ministry of Energy of the Republic of Moldova,
    Constantin Borosan said in an exclusive interview with Trend.

    “A memorandum on the Solidarity Ring was signed in April,
    bringing together several countries. This represents another
    contribution by Azerbaijan strengthening Europe’s energy security.
    We are grateful to Azerbaijan for such a significant role. Moldova
    is very interested in diversifying routes and sources of supply.
    Such a project will contribute to enhancing energy security, and we
    would like to join it,” he said.

    The state secretary pointed out that with the support of the
    United States, the European Union, and Romania, Moldova now
    procures natural gas from the European market.

    “Of course, these are short-term projects, and we would like to
    establish contracts for longer periods, spanning several years.
    Moldova is currently seeking such solutions. We have previously
    expressed our interest in purchasing natural gas from Azerbaijan
    and hope that it will be possible. As for other countries from
    which we are considering gas procurement, Romania, which has its
    own sources, is certainly one of them,” said Borosan.

    Sofia hosted a ceremony of signing the Memorandum of
    Understanding on the promotion of cooperation between
    Bulgartransgaz (Bulgaria), Transgaz (Romania), FGSZ (Hungary),
    Eustream (Slovakia), and the State Oil Company of Azerbaijan
    Republic (SOCAR) on April 25.

    The Memorandum of Understanding outlines the directions of
    cooperation between the four gas transmission system operators and
    SOCAR for additional gas deliveries to Europe. The additional gas
    supplies will be facilitated through the enhanced gas transmission
    network of Bulgaria, Romania, Hungary, and Slovakia, known as the
    Solidarity Ring.

    Follow the author on Twitter: @Lyaman_Zeyn

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    Tags: ExclusiveinterestedjoiningMoldovaRingSolidarity
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