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Policy & Regulation

Self-serving Romania tests Brussels’ patience

Romania’s Transgaz has received an EU grant for its ambitious grid expansion. But while the EU give funds, the government takes special dividends Romania’s Transgaz has received an EU grant for its ambitious grid expansion. But while the EU give funds, the government takes special dividends.
By The Wildcat 23 November 2018 Europe & Russia / Policy & Regulation 0 33420
Gas infrastructure belonging to Romanian state-owned Romgaz. (Romgaz)

The EU has been trying hard to increase gas market liquidity and supply diversification in Central and Eastern Europe, but self-serving behaviour by countries such as Romania is making life increasingly difficult.

The country’s transmission system operator, Transgaz, received a €46 million ($52 million) grant from the EU on Thursday for a €152 million project to develop the gas transmission system in northeastern Romania. The project is of high importance as it will enable an interconnection with Moldova, a country totally dependent on Russia.

Of greater importance...