No conclusion reached after Gazprom visit: Negotiations continue in March

The visit of Russian giant Gazprom to Bucharest has not resulted in any conclusion, following talks between the Romanian party – the Ministry of the Economy, Transgaz, and Romgaz, and the Russian party. In fact, the only statement made by the Gazprom vice-president, Alexander Medvedev, after talks that went on for an hour and a half at the Ministry of the Economy was: “Negotiations will continue,” without further explanations on the actual points of negotiation.

The Romanian party did not offer a coherent explanation after talks ended, either.

The only concrete thing that the Minister of Economy Adriean Videanu said was that Gazprom could have a direct relationship with Romgaz after the ongoing import contracts end.

Statements from the Ministry of Economy were very vague on the only visit made by Medvedev to Romania since 2006.

“The agenda of discussions included topics of general interest for bilateral cooperation in the energy sector. Discussions covered gas importation from Russia, collaboration with Russia in view of developing storage facilities in Romania, as well as collaboration with Transgaz to develop the transit network, and renegotiation to extend contracts for the transit of natural gas to Balkan countries, which expire in 2011. (…)” specified representatives of the Ministry of the Economy.