The total estimated value of the project is EUR 360.4m and the estimated completion deadline is 2021.

Transgaz published a document in which they stated that the company obtained the right to start the works on the gas project of common interest ” Black Sea – Podisor Pipeline for taking over Black Sea gas”. The company stated that this strengthens the company’s strategic role both in the European and national energy infrastructure.

The route of the project follows the general direction from South-East towards West crossing the counties of Constanța, Călărași and Giurgiu.

Note that the total estimated value of the project is EUR 360.4m and the estimated completion deadline is 2021.