Energy ministers of 5 states signed agreement on Caspian Sea gas
Date: Friday, June 30 @ 00:11:40 PDT
Topic: Production; Extraction; Exploration
Bulgaria and Romania will participate in transference of Caspian Sea gas to Europe.
The volume of the project is about 4,6 billion Euro. 5 firms –Botash, (Turkey), Bulgargaz (Bulgaria), Transgaz (Romania), Mol (Hungary) and OMV Gas (Austria) have signed an agreement on establishing organization to construct the pipe in the length of 3 300 km. European Union approved of the project which will decrease gas dependence of the continent from Russia.
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