President Klaus Iohannis: Romgaz and SOCAR will sign a new agreement

"Azerbaijan has started transporting additional gas volumes to Romania in January. Tomorrow, the state oil companies of both countries, "Romgaz" and SOCAR, will sign a new agreement," said President of Romania Klaus Iohannis as he made a joint press statement with President Ilham Aliyev, Report informs, citing AZERTAC.

"According to that agreement, additional gas will be transported to our country in 2023-2024. Both the Southern Gas Corridor, as well as the future submarine transportation cable of electric energy produced in Azerbaijan from renewable resources, projects which are sustained by the European Commission will significantly contribute to ensuring energy security in the European Union. We discussed these issues with President Aliyev today," the Romanian president mentioned.

Other News

Azeri Light crude nears $107 per barrel 06 November, 2026 / 10:07
Brent exceeds $100 06 November, 2026 / 09:31
Azeri Light oil price falls to $106 05 November, 2026 / 09:52