Energy Minister Sebastian Burduja foresees a rise in gas consumption in Romania, despite the political agreement reached at the EU Council on Monday on a recommendation to continue coordinated demand reduction, www.euractiv.com reads. Romania does not expect to reduce its gas consumption and relies on its domestic production sources, especially looking ahead to 2027 when the Neptun Deep project is scheduled to start production, positioning Romania as the main gas producer in the EU. On Monday, the Council reached a political agreement on a recommendation to continue coordinated demand reduction. The Council’s agreement is more of a recommendation than a commitment in the context of the need for certain European states to reduce their dependence on Russian gas, Burduja said. Minister Burduja anticipates increased gas consumption in Romania by “reactivation of the chemical fertiliser industry and by expanding gas distribution networks to the population through the Anghel Saligny program”. Although the security of supply in the EU has improved, it is still necessary to further reduce demand to ensure sufficient gas storage for the coming winter. Member States are encouraged to further reduce their gas consumption by at least 15% by 31 March 2025 compared to their average gas consumption between 1 April 2017 and 31 March 2022. This recommendation will help member states take adequate supply security measures until the transposition of the directives on energy efficiency and renewables in 2025, which will bring structural demand reduction in the near future while achieving the EU’s decarbonisation goals.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
