Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. EnerMin: Starting this year, Romania will have one...

EnerMin: Starting this year, Romania will have one billion cubic meters of extra gas

April 21, 2022

Romania will have natural gas from other sources next winter, from the Black Sea included, and starting this year we will have one billion cubic meters of extra gas, Energy minister Virgil Popescu announced on Tuesday."Romania will also have gas from other sources next winter, including from the Black Sea. The exploitation of gas from the Black Sea has already begun, by those from the company Black Sea Oil & Gas. Tests are already being done to introduce the first molecule of gas into the national transport system. Starting this year we will have one billion cubic meters of extra gas," the minister wrote on Facebook.According to Popescu, Romgaz will complete in the shortest time the takeover of the Neptun Deep perimeter, from Exxon. Through this transaction, Romgaz also takes over the technology and the related contracts for starting the works, so that in 2026 we already have natural gas, to be used as much as possible in Romania."In order not to let the propaganda induce a series of fears, I want to draw attention to the fact that the Neptun Deep offshore perimeter is not in the area that was the subject of the process between Romania and Ukraine regarding the Island of Snakes," Virgil Popescu stressed.At the end of last year, Romgaz announced that its shareholders have approved the takeover of the stake held by the American group ExxonMobil in the Neptun Deep perimeter, which, according to some estimates, would contain gas reserves of about 100 billion cubic meters. OMV Petrom also owns 50 pct of the Neptun Deep block in the Black Sea.

Read in full - click here
Romania's Cultural Consumption Barometer: Difficult access, cost hamper participation in cultural education activities

Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]

Overwhelming majority of Romanians say the pace of public digitalization is slow, survey shows

Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest.  The survey aims to capture the way citizens relate to […]

Romania’s Superior Council of Magistracy rejects new bill cutting magistrates’ pensions

Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch.  CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]

Romania takes the presidency of the Central European Initiative for 2026

Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE).  The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]

Romania-Poland annual bilateral trade in goods valued at over EUR 12 billion

Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]

Lorena Tănase (ONV LAW) and Alina Sîrbu (Arthur Hunt) explain the EU Pay Transparency Directive and its implications for companies in Romania

As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]