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Expected Gas Sourcing

Romania

Benefits

Main Driver

Regulation SoS

Main Driver Explanation

The project shall contribute to the enhancement of the energy security in Romania and South-East Europe by creating the UGS connection to internal

consumption areas with current gas supply deficit, making thus available gas volumes for use in other consumption directions. The project shall also have

a contribution in terms of supply of regional market in Repubic of Moldova, a country associated to EU via Iasi-Ungheni interconnector.

Benefit Description

We wish to highlight the fact that any present or future pipeline project aiming to improve Romania·s interconnection to the gas systems in the region

does need Underground Storage Facilities as a support to ensure base-load supply as well as flexibility of supply, both to and from Romania. Considering

the interconnection pipelines included in the TYNDP to neighbouring MS (Hungary reverse flow, Bulgaria) as well as interconnections to Non-member

States which are Associate States to the EU (Ukraine, Moldova), UGS facilities are indispensable assets for the proper operation of such interconnections.

Another reason for our proposal to extend UGS capacities in Romania (including the construction of a completely new facility in the NE part of Romania)

are the new discoveries in the Romanian sector of the Black Sea (e.g Domino1),

Time Schedule

Grant Obtention Date

01/11/2016

Delay Since Last TYNDP

Delay Explanation

Barriers

Barrier Type

Description

Regulatory

- no negotiated tariffs - no daily/weekly balance reports

Market

Lack of market support

Regulatory

Low or zero-priced short-term capacity

Market

Lack of market maturity

Financing

Amortization rates

Regulatory

Low rate of return

Generated by ENTSOG PDWS on 10/10/2016 05:00:19 PM

Page 488 of 620

Current TYNDP : TYNDP 2017 - Annex A