Romania imported, in the first eight months of 2023, a quantity of usable natural gas of 1.264 million tonnes of oil equivalent (toe), 16.3% less (-245,800 toe) than in the same period last year, according to data centralised by the National Institute of Statistics (INS).Domestic production of natural gas in January-August 2023 was 4.987 million toe, 4.1% higher than in the first eight months of 2022 (+194,600 toe).According to estimates by the National Commission for Strategy and Prognosis, natural gas production is expected to rise at an average annual rate of 3.6% between 2023 and 2026, after a 1.1% decline (to 7.343 million toe) in 2022.In its latest Energy Balance Forecast, the CNSP forecasts an increase in gas production of 5.6% in 2023 (to 7.755 million tonnes of oil equivalent), 2.3% in 2024 (to 7.935 million toe), 2.7% in 2025 (to 8.15 million toe) and 3.8% in 2026 (to 8.455 million toe).As regards natural gas imports, a sharp decrease is forecast for 2023, with 23.1%, a trend that will continue until 2026, with an average annual rate of 2.2%.Thus, for this year, imports are estimated at 1.845 million toe, for 2024, at 1.79 million toe (minus 2.8%), for 2025, at 1.755 million toe (minus 2.1%) and at 1.725 million toe (minus 1.8%), for 2026.Last year, natural gas imports fell by 16.5% to around 2.4 million toe, while exports stood at 470,000 toe.
Contakt Express Logistik S.A., the Romanian market leader in accessories for phones and tablets, announces the approval of its Prospectus by the Financial Supervisory Authority and the launch of its initial public offering. Following the successful closing of the offering, the company will be listed on the Bucharest Stock Exchange, on the AeRO Market, under […]
The Romanian Environment Ministry has launched a public consultation on changes to national air quality regulations that would allow residents to see real-time pollution levels, replacing the current system based on 24-hour averages. The draft order updates Order 1818/2020, which defines how air quality indices are calculated and reported nationwide. Environment minister Diana Buzoianu said […]
The Bishop of Cluj-Gherla, Claudiu Lucian Pop, has been appointed as the new Major Archbishop of the Greek-Catholic Church, a position that became vacant following the passing of 94-year-old Cardinal Lucian Mureșan in September of this year. The new leader of the Romanian Greek Catholic Church, or the Romanian Church United with Rome, was elected […]
WWF Romania has launched a series of planting initiatives in Bucharest aimed at supporting declining pollinator species, joining forces with local environmental groups to transform urban green spaces into habitats for bees, butterflies, and other beneficial insects. The first intervention took place on November 1 in the 400 sqm garden of the Museum of Maps, […]
Update: Liberty Steel Group reacted to the investigation on Friday, saying that it is cooperating with the authorities but denying any wrongdoing. A spokesperson said: “Liberty and its management have always acted in full compliance with Romanian laws and regulations, following local legal advice. The company is cooperating fully with the authorities in their investigation […]
Romanian prosecutors conducted searches on Friday, November 7, at the headquarters of the steel mill Liberty Galați and in several counties, in a case of embezzlement and tax evasion that includes Russian gas giant Gazprom, Economedia.ro reported. Specifically,...
