The total available energy resources in 2020 recorded a drop of 6.2 pct compared to those in 2019, while compared to the previous year, the production of primary energy has dropped by 8.9 pct, energy resource imports increased by 11.9 pct, the gross internal energy consumption dropped by 2.6 pct and the final energy consumption recorded a decrease of 1.5 pct, shows the data of the National Institute for Statistics (INS), published on Tuesday.The total available energy resources in 2020 recorded a 6.2 pct drop compared to the previous year, totaling 41.4 million tons oil equivalent (toe), both primary energy production as well as energy product imports recording drops of 8.9 pct, and 11.9 pct, respectively.Of the primary energy resources, significant variations were recorded for coal and crude oil, which dropped by 31 pct, and 12 pct, respectively.The production of primary energy in 2020, of 22.351 million toe, has dropped by 2.184 million toe compared to 2019, on the backdrop of a decline in production in all types of primary energy carriers. The drop in the production of coal is significant (-34 pct), as well as that of usable natural gases (-10.7 pct).The import in energy products dropped by 11.9 pct compared to 2019, due to the drop of crude oil, natural gas and coal imports. Only oil product imports recorded an increase of 7.5 pct.The final energy consumption in 2020 was reduced by 362,099 toe (-1.5 pct) over 2019. The final energy consumption recorded drops in almost all types of economic activities, with the exception of construction (+10.1 pct). The final energy consumption of the population increased over the previous year, both quantitatively (+254,000 toe, representing 3.3 pct), as well as a share in the total final energy consumption (34 pct over 32.5 pct in 2019).In 2020, energy exports (including bunkerage) totaled 5.062 million toe, down by 909,000 toe (-15.2 pct) over 2019 when it had the value of 5.971 million toe. The gross internal energy consumption per capita in 2020 was of 1,670 kg oil equivalent, decreasing by 2 pct over 2019.
Romanian PM Ilie Bolojan operates outside of the legal procedures when initiating consultations on a proposal for amending the legislation on the service pensions in the field of Justice, the Romanian Superior Council of Magistracy (CSM) said in a press release on July 30. ...
Romania is currently rebuilding its bilateral relations with the United States with the aim of rejoining the Visa Waiver program after the Trump administration removed it from the list of partner countries, according to foreign minister Oana Ţoiu. During an interview given on Wednesday, July 30, the minister noted that efforts are being made for […]
Justice Minister Radu Marinescu (Social Democratic Party) stated, in an intervention on Digi24, that the ministry he heads supports the special pension reform, proposed by Prime Minister Ilie Bolojan, but "the set of proposals communicated by the prime minister will...
Romania’s governing coalition agreed on July 30 to hold local elections for Bucharest Mayor in November, although the exact date has not yet been set, Ziarul Financiar reported. The mayoral seat became vacant after former mayor Nicuşor Dan won the presidential election in May. On the same day, president...
State-owned Romgaz (BVB: SNG) sold 2.52 billion cubic meters of natural gas from domestic production in the first six months of the year, 12.55% above the level of the same period in 2024, according to the operational report from the Bucharest Stock Exchange. The company's financial report will be published on August 14. Hydrocarbon production […]
Hidroelectrica (BVB: H2O), the largest energy producer controlled by the Romanian state, announced on the Bucharest Exchange that its net electricity production decreased by 27% in the first half of the year, to 6,068 GWh, while purchased energy increased by 62%, to 674 GWh. The company’s financial results for the first 6 months of the […]
