1. ROMANIA -- A FUTURE REGIONAL ENERGY HUB.
- Author
-
Săgeată, Radu
- Subjects
NATURAL gas transportation ,PETROLEUM ,HYDROCARBONS ,ECONOMICS - Abstract
The paper highlights Romania's geostrategic potential and advantages as transit state of the future "Nabucco" transport route of natural gas from the Caspian Basin and Central Asia to the Central and East-European countries still heavily dependent on Russian hydrocarbon supply. Apart from the geostrategic advantages conferred by its geographical position, Romania is the only state in Central and South-Eastern Europe that can meet its own oil-and-gas demand and besides can also export this resource. The country also has the biggest Black Sea harbour which is ever more important economically and geostrategically after becoming port of the new Euro-Asian hydrocarbon transport axes. [ABSTRACT FROM AUTHOR]
- Published
- 2011