Romania is interested to import LNG (liquefied natural gas) from Israel via Egypt, to put to value all opportunities for the consolidation of our own energy security, according to the minister of energy, Virgil Popescu. ‘The strengthening of the bilateral relations between Romania and Israel, especially in the domain of energy, is an important objective to meet. These days, together with Cosmin Ghita – CEO SNN, Bogdan Badea – CEO Hidroelectrica, Aristotel Jude – CEO Romgaz and Razvan Popescu – CFO Romgaz we are paying a visit to Israel. We aim at cooperation on a large scale in the energy sector: gas, electricity, RES and other technologies.This morning we had a very good dialogue with the representatives of the company NewMed Energy, the company of the Delek group, which exploits the biggest offshore gas deposit in Israel. We told them that we are interested in the various sources of supply and we can import LNG from Israel via Egypt. We have to put to value all opportunities to strengthen the energy security of Romania’ wrote, on Monday on Facebook the minister of energy.
Romanian prime minister Marcel Ciolacu announced during the first government meeting this year that over 200 kilometers of highways and express roads are planned to be inaugurated in 2025. Among the key projects highlighted was the Focșani-Brăila expressway, valued at over EUR 1 billion, for which multiple bids have been submitted,
SevenX Ventures increased its stake in Holde Agri Invest, one of Romania’s largest agricultural land operators, the company announced. At the same time, Leonard Leca, a member of Holde’s Board of Directors and an investor in SevenX Ventures, increased his holding in SevenX Ventures to 71%, resulting in a reduction of Vertical Seven Group’s stake […]
The Romanian executive recently granted emergency approvals for banned bee-killing pesticides in clear violation of European regulations, according to the European branch of the well-known US political news outlet Politico. Specifically, the Romanian ministry of agriculture greenlit the use of Cruiser 350 FS - a neonicotinoid insecticide banned in the EU due to its devastating impact...
Romanian finance minister Tanczos Barna confirmed on January 9 that the tax collection agency ANAF, together with the judicial bodies, is investigating the financing of the electoral campaign of former presidential candidate Călin Georgescu, focusing on "the manner and flows of money that arrived from various sources." "It is an investigation alongside the judicial bodies, […]
Romanian energy minister Sebastian Burduja announced that he is considering extending the capping-compensation scheme, in its current form, for another 3-6 months after April 1, 2025 – when it was supposed to be phased off. The ministry is working on several scenarios, he said. One of the scenarios is to keep the compensation-cap scheme for […]
Turkish exporters want to use a new maritime route for their goods and are looking at Romania’s port of Constanta in the context of hundreds of trucks waiting for a long time at the border crossings with Bulgaria, especially at those at Kapikule and Hamzabeyli, according to Türkiye Today. ...
