Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania to increase its gas storage capacity to...

Romania to increase its gas storage capacity to over 4bln cu.m.

January 6, 2022

Romania is set to increase its natural gas storage capacity to more than 4 billion cubic metres, from a current 3 billion, Energy Minister Virgil Popescu said on Tuesday.He participated in the commissioning of a natural gas dehydration unit at the Bilciuresti storage facility, Dambovita County, along with Prime Minister Nicolae Ciuca and the management team of Romgaz and Depogaz."We want to increase our natural gas storage capacity to over 4 billion cubic metres by 2025. Investments are on the list of priority projects and can be financed with European money. As we set out in the government agenda, storage will increase to secure both the country's energy security and its energy independence," he said.The unit commissioned on Tuesday, worth 7.6 million euros, contributes to increasing the extraction capacity at the Bilciuresti storage facility, which is the largest natural gas facility in Romania.According to Depogaz's plans, a new storage facility could be built in Falticeni.At the same time, the minister gave reassurances that there will be no gas supply problems this winter.He reiterated that the price of gas had risen due to machinations by the Russian Federation through Gazprom, which increases pressure for the Nord stream 2 gas pipeline to be commissioned as soon as possible."We expect prices to fall after the winter, after the commissioning of the pipeline," the official added.    Europe will create its own strategic gas reserves in order to hedge against future gas shortages, European Energy Commissioner Kadri simson said at a press conference on December 3, quoted by Intellinews.com.   simson stated that the EC is working on a package of proposals to regulate the natural gas and hydrogen markets. she also added that, despite the extremely high natural gas prices in 2021, hub-linked gas prices would deliver gas more cheaply to the Continent over time than long-term oil-linked prices.

Read in full - click here
Romanians to travel visa-free to the US beginning this spring

Romania was formally designated the 43rd country to join the US Visa Waiver Program (VWP) on Friday, January 10. According to the Romanian ambassador to Washington, Andrei Muraru, Romanian citizens will be able to travel to the US without the need for a visa starting March 31, 2025. "Romania becomes the first country in the […]

Romania’s Cluj-Napoca moves closer to banning smoking in playgrounds and parks

Cluj-Napoca, the city in Romania with some of the highest rents and a fast-growing IT industry, is closer to banning smoking in playgrounds and parks after mayor Emil Boc expressed his support for the measure. The mayor cited the prioritization of public health as the reason behind such a ban. He mentioned that he has […]

Sibiu County Hospital to receive EUR 1 mln robot to prepare cytostatic drugs, other equipment

Romania's Sibiu County Emergency Clinical Hospital will receive a robotic system to prepare cytostatic drugs needed by cancer patients, along with other equipment, after the County Council obtained funds from the European Regional Development Fund. With an estimated value of EUR 1 million, the "Robotic Composition System for Sterile Preparations of Cytostatic Drugs" is among […]

Romanian government approves extra day off for public sector employees in early May

Romania’s government adopted in its January 10 meeting a decision granting an extra day off to public sector employees at the beginning of May. Thus, Friday, May 2, will be an official day off for public sector workers, linking the legal holiday of May 1 (Labor Day) with the weekend (May 3-4). This...

Official data: 2024 was the hottest year on record in Romania

The Ministry of Environment announced that 2024 was the hottest year in the history of Romania's meteorological records. Red alerts for heat waves began in June of 2024, with the longest consecutive periods of persistent and intense heat waves, six consecutive days, between July 13-18 and August 15-20. "The year 2024 is the hottest year...

Călin Georgescu supporters rally in Bucharest demanding presidential election rerun

Supporters of former presidential candidate Călin Georgescu gathered outside the Parliament Palace in Bucharest, which houses the Constitutional Court, on January 10, demanding a rerun of the second round of the presidential elections. The protest, dubbed "The Great Judicial Union," was initiated by Georgescu, who called on his supporters to challenge the election annulment, as […]