Romania and Turkey signed on Thursday a memorandum
of understanding on developing interconnections to
facilitate electricity exchange between the two
countries, Romania's economy ministry said.
One of the projects envisages a subsea electricity
cable linking the power grids of Romania and
Turkey, a project of Pan-European interest, with
an important contribution to the development of
the regional power market, the economy ministry
said in a statement on Thursday.
The memorandum was signed by the energy department
of Romania's economy ministry and Turkey's energy
and natural resources ministry.
Romania also reaffirmed its commitment in
developing interconnection networks with Moldova,
Serbia, Hungary and Bulgaria in order to
consolidate energy security and increase export
opportunities in the region, the statement added.
Source: SeeNews