The European Fund for Strategic Investments has provided a €50 million ($58.14 million) loan to Romania’s state-owned Transgaz to finance a new gas pipeline in the country as part of the BRUA gas corridor, the European Commission said on Friday.
The pipeline will run between Podişor and Recaș as a part of the planned gas pipeline from Bulgaria to Austria.
“The European Investment Bank is providing €50 million to Transgaz to build a new 478-km gas pipeline from Bulgaria to Austria via Romania and Hungary....
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