Romania is renegotiating 1996 natual gas delivery convention with Russia - financiare.ro
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News » July, 2011 » 7 July 2011

Romania is renegotiating 1996 natual gas delivery convention with Russia
07.07.2011, 16:28 | Energy | 953 views



Romania is renegotiating its convention with the Russian Federation signed in Moscow in 1996, according to data provided by the Economy Ministry in Romania at HotNews.ro request.

The convention is important as it reffers to the quantity of Russian natural gas delivered to Romania and the transit to third countries. A major change to the convention would be the introduction of the right to resell gas delivered by Russia for Romanian consumers to other states. Also subject of renegotiation are the quantities of gas Gazprom will export to Romania, which may reach 10 billion cubic meters by 2020.

Read more on Hotnews.ro




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