THE FIRST LNG PROJECT TO BE DEVELOPED IN THE BLACK SEA
- Converting ideas into reality -
AGRI project has the potential of becoming an important instrument for ensuring EU energy security on the long term, corresponding to the dual diversification goal – both supply sources and transit routes. AGRI is the first LNG Project to be developed in the Black Sea, aiming the transport of natural gas from Caspian region to Europe. The project offers to the countries of the region, the opportunity of a secure supplies and import diversification, to reduce its dependence on individual suppliers, by diversifying both supply sources and delivery channels. Southern Gas Corridor, designed as a direct link between Europe and the largest natural gas deposit in the world, plays a central role in achieving the European strategy objectives to ensure competitiveness and security of gas supply. The Interconnector Azerbaijan-Georgia-Romania-Hungary (AGRI) was designed as an integral part of the Southern Corridor, providing the shortest direct route for Caspian gas to European markets. Indeed, AGRI is expected to transport liquefied Azeri gas from Georgia, across the Black Sea, to a LNG terminal to be built on the Romanian Black Sea Coast. From that point, the gas will be pumped through Romanian natural gas transmission system to Hungary, through the Interconnector between Romania and Hungary ( Arad – Szeghed ) to be transported further to the European market.