Romania, Hungary, Georgia, and Azerbaijan have joined forces to develop a collaborative project focusing on laying an undersea power line beneath the Black Sea. The goal is to increase renewable energy imports from the Caucasus region into the European Union.

The proposed cable will link Azerbaijan, recognized for its significant wind energy potential from the Caspian Sea, with EU nations Romania and Hungary, passing through Georgia.

In a meeting held in Romania's capital, government officials from the four countries officially kicked off the project. They highlighted that the venture aims to enhance energy security and reduce electricity expenses for consumers.

Romania’s Energy Minister, Sebastian Burduja, underlined the project's strategic importance for both Romania and the EU, pointing out the region's recent challenges due to limited energy diversification.

Parviz Shahbazov, Azerbaijan’s Energy Minister, echoed these sentiments, stressing the project's support for climate objectives through renewable energy production. He emphasized that while the undersea cable is essential for securing energy resources, it also aligns with the global push for green energy, a key international priority.

Additionally, Bulgaria’s deputy energy minister participated in the meeting, discussing the potential involvement of the EU member in the initiative. Further talks on the project are anticipated to occur at a UN climate change conference later this year in Azerbaijan.