The Department of Economic Cooperation of the Ministry of Foreign Affairs informs that the European Bank for Reconstruction and Development (EBRD) granted a loan of EUR 60 million for the construction of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (the so-called BRUA gas corridor). The implementation of this project will in the future be the subject of public tenders carried out in accordance with the principles of the EBRD.
Preliminary information shows that the first phase of the project in Romania will involve the construction of a 478 km pipeline between the Podişor technological hub near Bucharest and the Recaş pipeline around 30 km from Timisoara, equipping with auxiliary equipment such as modern surveillance systems (hardware and software supervisory systems ) and communication technologies, as well as three compressor stations to be deployed along the route.
The construction of the BRUA gas corridor will enable new connections with major gas infrastructure projects in the region, such as the Southern Gas Corridor, other Central European gas hubs and planned offshore extraction installations in the Black Sea. The total length of the gas pipeline will be 1318 km.
The total cost of the project is 479 million euros. In addition to financing from the EBRD, the European Union provides grants of 179 million euros, the Romanian operator Transgaz invests 149 million euros, and the European Investment Bank makes a loan of 50 million euros.