Romania is not affected by the suspension of natural gas transit through Ukraine, because it is practically independent in the natural gas sector and covers its consumption demand from its own production, the Minister of Energy Sebastian Burduja said."Romania is not affected by the suspension of natural gas transit through Ukraine, because our country is not in the situation of being an importer of Russian gas. Romania does not have direct natural gas supply contracts with Gazprom, so the cease of the transit agreement does not affect security in domestic production, the good level of gas stockpiles and the existing infrastructure in the region are the pillars that contribute to ensure the stability of natural gas supply in Romania", stated the minister of energy.He emphasized that Romania is practically independent in the natural gas sector and covers its entire consumption demand from its own production, on land and at sea, of 8-10 billion normal cubic meters."In 2024 Romania became the largest gas producer in the European Union. Currently, Romania has almost 2 billion normal cubic meters stored, with a daily consumption of less than 40 million normal cubic meters. For commercial reasons, Romania sometimes imports natural gas from the Szeged-Arad direction and through the interconnection points in the south, with Bulgaria, Kardam1-Negru Voda1 (Trans-Balkan Corridor) and Giurgiu-Ruse", stated Sebastian Burduja.He added that our country supports the Republic of Moldova as much as possible through the Iasi-Ungheni gas pipeline, with a technical export capacity of 1.88 billion cubic meters/year - 5.1 million cubic meters/day, which can fully cover the consumption needs between Prut and Dniester rivers.At the same time, he added, in recent years Romania has continuously worked on diversifying supply sources and alternative natural gas transport routes. Thus, through the Vertical Corridor (Greece-Bulgaria-Romania) and through the Trans-Balkan Corridor (Turkey-Bulgaria-Romania-Ukraine-Republic of Moldova), there is access to alternative sources, including LNG.On the other hand, in 2027 Romania will start the production of natural gas in the new Neptun Deep project in the Black Sea, which has estimated reserves of over 100 billion cubic meters of natural gas. Also, work is being done on the largest gas exploitation on land, at Caragele."Therefore, the gas supply is secure in Romania. Also, Romania covers the gas supply of the Republic of Moldova. Moreover, Romania is in a position to contribute directly to the consolidation of the gas supply of the European Union, and from 2027 it will double its national production of gas and will contribute to the reduction/elimination of European dependence on Russian gas", pointed out Sebastian Burduja.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
