European Union Provides €7 Million for Iasi-Ungheni Gas Pipeline

The European Union will provide 7 of the 26.5 million euros needed to construct the Iasi-Ungheni gas pipeline.

The EU contribution will be done via The Joint Operational Programme Romania – Ukraine – Republic of Moldova. The program provided the framework for the implementation of cross border activities in the context of the European Neighbourhood Policy, with the aim to prevent the emergence of new dividing linew between EU and its neighbours.

The Iasi-Ungheni pipeline will connect Romania and Moldova’s gas networks. Construction is expected to take 17 months. It will be 43.3 kilometers long, 32.8 of which on Romanian territory.

The main gas producers in Romania are the state owned company Romgaz Medias and OMV Petrom, owned by the Austria's group OMV. 

Last month, the Prime Minister of the Republic of Modova, Iurie Leanca, invited Romania’s Prime Minister Victor Ponta to take part to the commencement of construction activities, to be held on August 27.