Transgaz will invest EUR 360 million in the Tuzla-Podisor pipeline, which is to take over the gas extracted from the Black Sea and transport it to the export pipelines, the company’s report in the first half of the year reads.
“The major objective of this investment is to build a Tuzla-Podişor natural gas telescopic pipeline, 308.3 km long with Dn 1200 and Dn 1000 respectively, which is to connect the natural gas resources available at the Black Sea coast to the Bulgaria-Romania-Hungary-Austria (BRHA) pipeline, thus ensuring the possibility of transporting natural gas to Bulgaria and Hungary through the existing interconnections at Giurgiu-Ruse (with Bulgaria) and at Nadlac-Szeged (with Hungary),” the report further reads.
This pipeline will also interconnect to the current international gas transit pipeline Tranzit 1 (Isaccea-Negru Voda), ziare.com reports.
The transmission capacity will be of 8.14 million cubic metres per year, with an estimated investment of EUR 360.36 million.
The feasibility study and the environment impact study are completed and the building license has been received. The final decision on the investment will be made this year. The building of the pipeline will take place during 2019-2020.
Transgaz estimates that the inauguration and the entry into operation will take place in 2020, however the schedule for the project may be subject to changes, depending on the development of the offshore upstream projects.