Romania imported a quantity of natural gas of 1.186 million tonnes of oil equivalent (toe), in January-August 2024, by 6.2pct (-77,900 toe) less than in the similar period last year, according to the data centralized by the National Institute of Statistics (INS).The domestic production of natural gas totaled, in the mentioned period, 5.056 million toe, being 1.4% above that of the period January-August 2023 (+69,000 toe).According to the estimates of the National Commission for Strategy and Prognosis, the production of natural gas would increase in Romania, between 2024 and 2027, with an average annual rate of 1.7%, after an advance of 1.4% recorded in 2023.Thus, according to the latest Forecast of the energy balance, Romania will have a production of 7.675 million tonnes of oil equivalent in 2024, up by 0.6%, 7.79 million toe (plus 1.5%) in 2025, 7.907 million toe (plus 1.5%) in 2026, and 8.176 million toe (plus 3.4%) in 2027.As far as imports are concerned, Romania is forecasted to have an increase of over 10% in 2024, after which a downward trend is expected, with a more pronounced rhythm in the horizon of 2027 (-6%), in concordance with the advance of production through the entry into operation of new capacities, but also taking into account the transit to be maintained to foreign markets.CNSP estimates for 2024 imports of 2.392 million toe (plus 11.1%), for 2025 imports of 2.211 million toe (minus 7.6%), for 2026 imports of 2.150 million toe (minus 2.7%) and for 2027 imports of of 2.022 million toe (minus 6%).
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
