Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. EnergyMin Burduja: Romania is not affected by suspension...

EnergyMin Burduja: Romania is not affected by suspension of natural gas transit through Ukraine

February 6, 2025

  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.    

Read in full - click here
Berlinale 2025: Romanian director Radu Jude wins second Silver Bear with Kontinental '25

Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale.  Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...

North Bucharest Investments: Accelerated growth in 2024, even more promising prospects for 2025

With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]

Big-ticket M&A in CEE came under strain in 2024, but steady deal volume shows the market’s resilience and sustained appeal to global dealmakers

Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]

North Bucharest Investments: Accelerated growth in 2024, even more promising prospects for 2025

With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]

Russia manipulated elections in Romania, French president Emmanuel Macron says

French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...

Education Ministry publishes 2024 list of top universities in Romania

Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]