Romanian state-owned company Romgaz and Azeri oil and gas company Socar will sign a new contract for the delivery of natural gas on Friday.

Azerbaijan delivered the first quantities of natural gas to Romania in January, and the two state-run companies will sign a contract for new deliveries starting with April, Romanian President Klaus Iohannis said on Thursday after a meeting with his Azeri counterpart, Ilham Aliyev.

Romania will continue to work with Azerbaijan on multiple energy projects, such as the Southern Gas Corridor – an EU initiative to secure a natural gas supply route from Caspian and Middle Eastern regions to Europe – and on the submarine power cable in the Black Sea that works to deliver green energy produced in the Caucasian region.

(Bogdan Neagu | EURACTIV.ro)