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U.S. VP Biden: Romania can become key connection point for energy markets


Romania can become the key connection point for energy markets from the Black Sea to Central and Eastern Europe, provided that it modernizes its specific infrastructure, U.S. Vice President Joe Biden said at the Victoria Palace of Government.

National security and energy security are inseparable in this part of the world and the European energy market must be safe, diverse and interconnected, Biden said in a joint press statement delivered with Prime Minister Victor Ponta.

He stressed that the United States are ready to help Romania develop its oil transport pipelines.

We are ready to provide you with the necessary assistance and ensure the oil pipelines in Romania. Romania can ensure the energy solutions for itself. By modernizing its internal infrastructure, Romania can become a key point connecting energy markets from the Black Sea to Central and Eastern Europe. By developing its natural gas production, it can also become a solution for [the Republic] of Moldova, which currently heavily relies on energy from Russia. Romania's sovereignty is based on the country's economic development, Biden concluded.