Romania to receive 38 mln euro from the EC to expand natgas deposit

The European Commission said it will grant Romania 38 million euro ($40.1 million) under the Connecting Europe Facility (CEF) to expand the underground natural gas deposit in Bilciuresti, in Dambovita county.   The project will help Romania and the region reduce dependence on Russian gas imports during peak consumption observed in winter by increasing storage capacity and its overall flexibility, the EC ...

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