Bulgaria, Greece, Romania and Hungary to link gas grids

Societatea Nationala de Transport Gaze Naturale Transgaz SA

19/07/2017 14:15

SOFIA, July 19 (Reuters) - Gas companies from Bulgaria, 
Greece, Romania and Hungary agreed to link their gas networks to 
increase security of supplies in southeastern Europe, the 
Bulgarian energy ministry said. 
    Grid operators Bulgartransgaz, DESFA, FGSZ and Transgaz 
 ROTGN.BX  as well as Greek-Bulgarian ICGB signed a memorandum 
of understanding for the project in Bucharest on Wednesday. 
    "The parties agree that the memorandum will be a basis for 
future cooperation.... to build the necessary gas pipeline 
system to transport natural gas to the transit countries and the 
European market from Greece through Bulgaria, Romania to Hungary 
and vice versa," the ministry said in a statement.     
 
 (Reporting by Tsvetelia Tsolova, editing by Louise Heavens) 
 ((tsvetelia.tsolova@thomsonreuters.com; +359-2-93-99-731;)) 
 
Keywords: GAS EASTEUROPE/GRIDS