Romania's net gas imports in 2023 amounted to 2.117 million tons of oil equivalent (toe), 6.2 percent down (-141,000 toe) from the previous year, shows data released on Thursday by the National Institute of Statistics (INS).The domestic production of natural gas last year totaled 7.5 million toe, up 1.5 percent (+109,000 toe) over 2022.According to estimates by the National Economic Strategy and Forecasting Board (CNSP), Romania's natural gas production will rise at an average annual rate of 3.6 percent over 2023 - 2026, after having decreased 1.1 percent (to 7.343 million toe) in 2022.In its latest Energy Balance Forecast, CNSP predicts a 2.4 percent increase in Romania's gas production (to 7.935 million toe) in 2024, an upward trend that will continue by an advance of 2.7 percent (to 8.15 million toe) in 2025 and of 3.8 percent (to 8.455 million toe) in 2026.Natural gas imports are projected to decrease until 2026 at an average annual rate of 2.2 percent.Thus, imports are estimated to reach 1.845 million toe this year, 1.79 million toe (-2.8 percent) in 2024, 1.755 million toe (-2.1 percent) in 2025, and 1.725 million toe (-1.8 percent) in 2026.
Romania’s National Agency for Fiscal Administration (ANAF) is preparing to seize the main residence of former president Klaus Iohannis to recover a debt of about EUR 1 million, Antena3.ro reported, as quoted by B1tv.ro. The sum stems from rent revenues that were...
Romania’s president Nicușor Dan has pledged to tackle the judiciary’s weak performance once the issue of magistrates’ pensions is resolved, G4media.ro reported. The statement has sparked debate over...
The real estate developers can charge no more than 5% of the value of a contract as payment in advance, based on a preliminary note, and will have to return the money to the customer unless it signs the contract or promissory note within 60 days due to the sole default of the developer, according […]
Romania’s public health insurance system collected an additional RON 500 million (EUR 100 million) in August–September following the implementation of the first package of fiscal reforms under Law 141/2025,
The average net wage in Romania increased by only 4.6% y/y to RON 5,499 (EUR 1,075) in the third quarter of 2025 (Q3), slowing down from +7.6% y/y in Q2 and +9.7% y/y in Q1 and a double-digit rate in 2024, according to data published by the statistics office (INS). The rising inflation, at 9.2% […]
Romania’s central bank (BNR) on November 12 decided to keep the monetary policy rate at 6.5%, in line with the consensus expectations. It has also updated the Inflation Forecast, anticipating a widening aggregate demand deficit with an impact on the disinflation trajectory, particularly after the end of September 2026, when the transitory inflation episode subsides. […]
