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...
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