December 16 between the State Oil Company of Azerbaijan (SOCAR) and Romgaz S.A signed an agreement on gas supplies from Azerbaijan to Romania.
The agreement provides for the planned transportation of natural gas from January 1, 2023 along the transdriatic pipeline (TAP), the European branch of the southern gas corridor, through the Greece-Bolgaria (IGB) gas interconnector.
The specified agreement was signed as part of the Memorandum of Understanding between Azerbaijan and the European Union on strategic partnership in the field of energy of July 18, 2022. One of the main goals of the memorandum is to increase the supply of natural gas to the European Union and contribute to energy security.