Romania imported, in the first eight months of 2023, a quantity of usable natural gas of 1.264 million tonnes of oil equivalent (toe), 16.3% less (-245,800 toe) than in the same period last year, according to data centralised by the National Institute of Statistics (INS).Domestic production of natural gas in January-August 2023 was 4.987 million toe, 4.1% higher than in the first eight months of 2022 (+194,600 toe).According to estimates by the National Commission for Strategy and Prognosis, natural gas production is expected to rise at an average annual rate of 3.6% between 2023 and 2026, after a 1.1% decline (to 7.343 million toe) in 2022.In its latest Energy Balance Forecast, the CNSP forecasts an increase in gas production of 5.6% in 2023 (to 7.755 million tonnes of oil equivalent), 2.3% in 2024 (to 7.935 million toe), 2.7% in 2025 (to 8.15 million toe) and 3.8% in 2026 (to 8.455 million toe).As regards natural gas imports, a sharp decrease is forecast for 2023, with 23.1%, a trend that will continue until 2026, with an average annual rate of 2.2%.Thus, for this year, imports are estimated at 1.845 million toe, for 2024, at 1.79 million toe (minus 2.8%), for 2025, at 1.755 million toe (minus 2.1%) and at 1.725 million toe (minus 1.8%), for 2026.Last year, natural gas imports fell by 16.5% to around 2.4 million toe, while exports stood at 470,000 toe.
Romanians abroad have mobilized massively to vote in the second round of the country’s presidential elections. The vote in Diaspora started on Friday morning, and by Saturday evening (at 19:00), over 609,000 Romanians had already cast their votes. The turnout is almost 90% higher than the one recorded at the same time in the first […]
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
Modernization work is ready to start at Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, following an investment of over RON 112.4 million (some EUR 22 million) led by the National Company Bucharest Airports (CNAB), news agency Agerpres reported. The company...
Paris Hilton, who will be present at IntenCity Craiova, a festival organized this summer between June 26–29, sent a message to her fans in Romania. "I'm excited to perform at the IntenCity Festival on June 28. It's going to be so much fun! See you there," Paris Hilton told those who will come to Craiova. […]
AMAIS (Association for Alternative Methods of Social Integration) has officially launched the SeeYou mobile app, an innovative platform that connects visually impaired individuals with volunteer guides who can accompany them during everyday activities - from medical appointments or shopping to park strolls or cultural events. SeeYou is the first mobile app of its kind in […]
SAI Broker, a Romanian investment management company part of BRK Financial Group, listed a new ETF on the Regulated Market of the Bucharest Stock Exchange (BVB) on May 16, under the stock symbol BKBETETF. The ETF aims to fully replicate the structure of the main index, BET. The BET index reflects the evolution of the […]
