Benefits
Main Driver
Regulation SoS
Main Driver Explanation
In addition to those mentioned in the additional comments to the specific criteria, the project is even more important in the current rather potentially
unstable geo-political context in the far Eastern Europe in which having sufficient capacities of the gas storage facilities may become critical for ensuring
security of supply.
Benefit Description
Market Integration The Project successfully contributes to increasing resilience in case of additional demand in almost all disruption scenarios with positive
impact on Romania, Bulgaria, Hungary, Italy, Greece and Croatia. Thus, indirectly it contributes to a more integrated gas market. Sustainability It replaces
existing rather obsolete gas compression facilities with modern and high-efficiency technology (new electro-compressors etc.) which will reduce emissions
currently generated by the compression services supplied by the third party. Competition The implementation of this project would also increase the
competition on the Romanian storage market considering that currently there are only 2 players: Depomures, the private operator with ~10% market
share and Romgaz, state owned, with ~90% market share. After project COD, the market share of the private sector would increase proportionally.
Time Schedule
Grant Obtention Date
Delay Since Last TYNDP
3 years for Phase 2
Delay Explanation
The main delay encountered is related to permit granting for part of the investment (i.e. the last sector of the main gathering pipeline). The
construction of the main gathering pipeline is essential for the entire project and a pre-requisite for implementing the rest of the project
(dehydration and compression station and subsequent expansion to 600 mcm of the capacity). We are currently in the process of finding a
solution for the remaining permit and have communicated the problem to the Competent Authority as well as to the European Commission.
Specific Criteria Fulfilled Comments
Although the project meets all the criteria, the most significant contribution it brings is to the EU's security of supply. - The project is even
more important in a low infrastructure scenario, in which the N-1 indicator is below 100% and in which the additional storage capacity of
Depomures would partially compensate a malfunction at Mediesu-Aurit/ Isaccea gas entry point from Ukraine to Romania. - The remaining
flexibility indicator shows that the project successfully contributes to increasing resilience in case of additional demand in almost all scenarios
with impact on Romania, Bulgaria, Hungary, Italy, Greece and Croatia. The impact is most visible in extreme scenarios such as Ukraine
disruption with 2 week cold spell. - The project contributes to a decrease of the disrupted demand in two Members States, namely Romania
and Bulgaria, and also in the FYR of Macedonia (although not a Member State) in most scenarios.
Barriers
Barrier Type
Description
Permit Granting
The permit granting process has been delayed due to difficulties in obtaining the building permit from local administration for the last section of the main
collector pipeline, which may impact the implementation of the entire project.
Financing
Availability of funds and associated conditions
Regulatory
Low or zero-priced short-term capacity
Regulatory
Low rate of return
Generated by ENTSOG PDWS on 10/10/2016 05:00:19 PM
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Current TYNDP : TYNDP 2017 - Annex A
Southern Corridor GRIP 2017–2026 Annex B |
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