Constanta LNG Terminal

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Constanța LNG Terminal is a cancelled LNG import terminal in Constanța County, Romania. It is also known as the AGRI LNG Project. This project was a predecessor to the separate Black Sea LNG Terminal proposal.

Location

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Project Details

  • Owner: RomGaz (Gov't of Romania)
  • Parent company: RomGaz
  • Location: Constanța, Constanța County, Romania
  • Coordinates: 44.173333, 28.638333 (approximate)
  • Capacity: 6 mtpa, 0.86 bcfd
  • Cost: €1.2-4.5 billion (initial estimates)[1]
  • Status: Cancelled
  • Type: Import
  • Start Year: 2027

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Constanța LNG Terminal is a proposed liquefied natural gas (LNG) regasification terminal in Constanța County, Romania. The project is a proposal of Romgaz, which is majority-owned by the Government of Romania.[2] The project was declared eligible for funding with EU funds in 2013 due to its inclusion on the first edition of the EU’s Project of Common Interest (PCI) list. The project has not been included on subsequent editions of the PCI list, meaning it would not qualify for EU funding support.[3]

The proposed project was first discussed with Qatar in 2006.[4] In 2010, however, the Constanța LNG terminal project was incorporated into the proposed Azerbaijan-Georgia-Romania Interconnector (AGRI) under which Azerbaijani gas would be carried by pipeline to Georgia, then by LNG tanker across the Black Sea to Constanța, then by pipeline to Central Europe. This larger project was proposed in 2010.[5][6][7]

As of November 2016, the AGRI project was apparently still on track; however, SOCAR, Azerbaijan's state-owned oil company, said that it needed more time.[8]

In March 2019 the project's sponsors stated that construction of the terminal would be contingent on development of the Azerbaijani Shah Deniz gas field, Phase 2.[9] As of March 2021, the project appeared to be shelved, with no further development expected until 2024 at the earliest.[10]

As of 2023, there had been no updates to this initial proposal from RomGaz in over four years, and the project is presumed shelved. However, as of October 2022, RomGaz and SOCAR began collaborating on a new LNG import and export proposal, also to be sited in Constanta, described on the page for Black Sea LNG Terminal.[11][12]

Articles and resources

References

  1. Lidiya Parkhomchik, Current Situation over the AGRI Project (Azerbaijan-Georgia-Romania Interconnector), Eurasian Research Institute, accessed Dec. 13, 2021
  2. Constanta LNG Terminal, A Barrel Full, accessed April 2017.
  3. Black Sea LNG: Dreams vs. Reality, Romania Energy Center briefing, Apr. 17, 2019
  4. Romania and Qatar discuss LNG terminal at Constanta, ICIS, 10 Mar. 2006.
  5. Azerbaijan–Georgia–Romania Interconnector, Wikipedia, accessed July 2017.
  6. Azerbaijan–Georgia–Romania–Hungary Interconnector, AGRI LNG website, accessed July 2017.
  7. Romania, Georgia and Azerbaijan to bring gas to Europe, HotNews.ro, 13 Apr. 2010.
  8. SOCAR: AGRI Project Needs More Time, Georgia Today, 21 Nov. 2016.
  9. Timeframe for implementation of AGRI project revealed, Menafn, Mar. 8, 2019
  10. "Azerbaijan-Georgia-Romania Interconnector project is frozen – ministry". Trend News Agency. March 10, 2021.{{cite web}}: CS1 maint: url-status (link)
  11. LNG Prime Staff (2022-10-21). "Romgaz, Socar plan Black Sea LNG project". LNG Prime. Retrieved 2023-01-04.
  12. "Romgaz, SOCAR keen on investing in LNG terminal in Romania". Report News Agency. 2024-04-04. Retrieved 2024-07-23.

Related GEM.wiki articles

External resources

External articles