CAN ROMANIA BECOME A REGIONAL NATURAL GAS HUB? A COMPARATIVE STRATEGIC VIEW

Abstract

Taking into consideration Romania’s geographical position, the ambition of becoming a regional natural gas hub makes perfect sense. A regional hub brings multiple advantages like revenues from managing the natural gas transit, geopolitical leverage or more sources of supply for internal use. But developing a regional natural gas hub is not an easy job, for this sort of projects implies time and investment, while at the same time managing the regional competition of other contenders. This paper stresses the advantages and obligations attached to Romania’s ambition of becoming a regional natural gas hub and it analyzes other neighbor countries’ plans.

Keywords

• Can Romania become a regional natural gas hub? A comparative strategic view