ECONOMY


BRUA pipeline for European energy diversity moves forward

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Baku, September 10, AZERTAC

The latest move towards energy diversity for Europe came in Budapest on with the signing of agreements to build the Romanian section of the BRUA pipeline network, according to Euronews.

Representatives of the European Commission and the Energy Ministers of 12 EU countries were on hand for the ceremony for the gas pipeline through Bulgaria-Romania-Hungary and Austria.

Miguel Arias Cañete, EU Commissioner for Climate Action and Energy, told Euronews: “We are establishing a network. Not a big traditional pipeline, but smaller pipelines with reverse flows that permit the gas to flow north-south [and] east-west and the region will have more sources of energy available, more competition and cheaper energy.”

When completed BRUA will connect Eastern and Central Europe to the gas fields in the Caspian Sea and the Black Sea.

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