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Industrial Valve Summit

Romanian prime minister and EAU president discuss oil & gas supply

inNews 2021 oil&gas

Romanian prime minister and EAU president discuss oil & gas supply

Romanian prime minister Nicoale Ciucă and sheik Mohamed Bin Zayed Al Nahyan, president of the United Arab Emirates, recently met to discuss the diversification of the European oil and natural gas supply. The main topics of interest during the meeting were projects in the field of energy, port infrastructure, agriculture, and IT. The officials tackled the tense situation in the Black Sea, where the Russian blockade has stymied international trade. Investment opportunities in Romania in the field of renewable energy, both offshore and on-shore, were also approached. Last month, the Emirati government decided to send oil cargoes to the EU. The shipment followed a two-year gap in oil deliveries from the UAE to Europe and was the result of the attempts from the latter to find a replacement for Russian oil imports.

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