In 2021, the EU’s natural gas import dependency rate was 83%. This is 1 percentage point (pp) less than 2020 (84%). This small decrease in import dependency was significantly influenced by the fact that most EU Member States used stocks of natural gas that were imported in previous years. In fact, the drop in natural gas stocks in 2021 was the largest since the start of the time series (2008). The EU Member State with the highest dependency on natural gas imports in 2021 was Malta (104%), followed by Sweden (102%) and Lithuania (101%), which have increased their stocks. On the other hand, the lowest dependency on natural gas imports was recorded in Romania (24%), followed by Denmark (26%) and the Netherlands (33%). The impact of a potential import disruption needs to take into account the importance of natural gas in the overall energy mix. While the import dependency in Sweden, Finland and Estonia is near 100%, the share of natural gas in the energy mix is relatively low (3%, 7% and 8% respectively). By contrast, the highest share of natural gas in the energy mix is in Italy (40%) and its import dependency is 94%. The Netherlands has the 2nd highest share of natural gas in its energy mix, however its import dependency is much lower, due to its domestic production of natural gas. When compared with 2020, the largest increases in the dependency rate on natural gas imports were recorded in Malta (from 96% in 2020 to 104% in 2021; +8 pp), Ireland (from 64% to 71%; +7 pp) and Romania (from 17% to 24%; also +7 pp). At the other end of the scale, the largest decreases were recorded in Latvia (from 121% to 61%; -59 pp), Austria (from 73% to 51%; -22 pp) and Slovakia (from 88% to 69%; -20 pp).
The third breast milk bank in Romania has opened at the Sibiu County Hospital, following a RON 13.5 million (about EUR 2.7 million) investment aimed at modernizing the hospital’s neonatology department. The modernization project, financed through the National Recovery and Resilience Plan, included the replacement of old equipment, a 20% increase in the number of […]
President Nicuşor Dan stated on Wednesday, July 30, in a press conference that the current system, which allows magistrates to retire under the age of 50 with a pension higher than their salary, is absurd. He also criticized the Superior Council of Magistracy, or CSM, for the current “disorderly” state of the Romanian justice system. […]
Forty Romanian firefighters and eight fire trucks left for Greece on Wednesday, July 30, to participate in firefighting missions, the General Inspectorate for Emergency Situations said. Between August 1 and September 15, Romania will take part in the Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) program aiming to support the Greek […]
Integrated facility and property management services provider Nazca has opened its first office outside Italy, its domestic market, in Bucharest. Nazca expects revenues of over EUR 1 million next year in Romania, and in the next 3 years, the growth plan aims to reach EUR 10 million, with target sectors being office buildings, retail, industrial […]
The 19th edition of TIFF Sibiu, one of the local editions of the Transilvania International Film Festival (TIFF), the largest film event in the county, will present a program of international films and the latest productions by Romanian fillmakers, who will attend the event. The festival takes place between August 7 and August 10, with […]
Moldovan carrier Flyone will add a route between Bucharest and Munich starting in October. The flights to Munich will be operated on Mondays, Wednesdays, and Fridays. This adds to the flights it has connecting the Romanian capital to Tel Aviv, Brussels, and Verona. With these routes, the airline is responding to the constant demand from […]
