Opportunities to enhance Energy Security of the Republic of Moldova
Opportunities to enhance Energy Security of the Republic of Moldova

Author(s): Viorica Antonov
Subject(s): Energy and Environmental Studies, International relations/trade
Published by: IDIS VIITORUL Institutul pentru Dezoltare şi Initiative Sociale
Keywords: Moldova energy supply;
Summary/Abstract: The launching of the project for liquefied natural gas transport known as LNG between Romania, Georgia and Azerbaijan, is considered faster and a more efficient project than Nabucco within the European Southern Corridor. The project is designated as the Azerbaijan-Georgia-Romania Interconnector (AGRI) and the cost has been estimated at between 4 and 6 billion Euro. This transport agreement will be developed by private companies from those three countries in cooperation with a consortium of businesses and financial institutions. The AGRI had drawn the attention to the Moldovan authorities as a real prospect of improvement of the energy potential and reducing of dependence on Russian natural gas. Taking in advance the potential of the project that assures a stable and reliable route of LNG supplies, it might be an advantage for Moldova to be involved in the project. Construction of a liquefied gas terminal in the Giurgiulesti port would be a priority for the energy security of Moldova, especially considering entirely the dependence of country on Russian gas supplies.

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