Romania imported, in the first five months of 2024, a quantity of usable natural gas of 661,400 tonnes of oil equivalent (toe), 11.8% higher (+69,900) compared to the similar period of last year, according to data centralized by the National Institute of Statistics (INS).The domestic production of natural gas totaled, in the mentioned period, 3.206 million toe, being 1.7% more than from January - May 2023 (+52,200 toe).According to the estimates of the National Strategy and Forecasting Commission (CNSP), the production of natural gas would grow, in the period 2024 - 2027, with an average annual rate of 1.7%, after an advance of 1.4% recorded in 2023.Thus, in the latest Forecast of the energy balance, CNSP predicts for 2024 a production of 7.675 million tonnes of oil equivalent, an increase of 0.6%, for 2025 of 7.79 million toe (plus 1.5%), for 2026 of 7.907 million toe (plus 1.5%) and for 2027 of 8.176 million toe (plus 3.4%).In terms of imports, for 2024 an increase of over 10% in the import of natural gas is forecast, after which a reduction trend is expected, with a more pronounced pace around 2027 (-6%), in line with the advance of production through the commissioning of new capacities, but also taking into account the maintenance of transit to foreign markets.CNSP estimates for 2024 imports of 2.392 million tep (plus 11.1%), for 2025 of 2.211 million tep (minus 7.6%), for 2026 of 2.150 million tep (minus 2.7%) and for 2027 of 2.022 million tep (minus 6%).The Romanian Energy Strategy Project 2025-2035, with the 2050 outlook, launched for debate by the Ministry of Energy, indicates that, according to the forecasts, until 2035 with the 2050 outlook, the production of natural gas from terrestrial resources is expected to decrease, maintaining a reduced degree of dependence on imports, being thus conditioned by the development of the reserves discovered in the Black Sea.The document emphasizes that in the short and medium term, safe reserves of natural gas can be increased by implementing new technologies that will lead to an increase in the degree of recovery in deposits and by implementing projects for deep exploration and areas in the Black Sea continental platform.The first natural gas from offshore projects is planned to become available on the market starting in 2027. According to the information published by the operator, plateau production will be reached within one year of the start of production and will last a total period of approximately ten years, at approximately 140,000 barrels of oil equivalent per day. After this period, the asset will enter into natural decline for another eight years.
Romanian gas producer Romgaz (BVB: SNG) has filed an action with the European Court of Justice against the European Commission, requesting the annulment of certain regulations that impose CO2 storage quotas on oil and gas companies. The company considers the quotas disproportionate. It is the first time that Romgaz has initiated a direct action against […]
Bucharest residents can donate clothes in good condition, non-perishable food, and toys for the families affected by the explosion that left 3 dead and many others injured, and nearly collapsed the apartment building in District 5 on Friday, October 17. "Following the devastating explosion in District 5, entire families have been left without housing, and […]
RoPower Nuclear, the developer of the SMR (small modular reactor) project in Doiceşti, Romania, announced the signing of a contract with Studsvik Scandpower, one of the global leaders in software dedicated to nuclear fuel analysis, on Friday, October 17. The president of the Swedish group emphasized that Romania is setting an important precedent for the […]
Energy regulator ANRE has launched an investigation into whether the gas distributor followed proper safety procedures before the powerful explosion that killed three people and injured others at an apartment building in Bucharest’s Rahova district on Friday morning, October 17. According to
In the first half of 2025, Romania ranked 52nd worldwide among the countries most frequently affected by cyber activities, according to the new Microsoft Digital Defense Report. The sixth annual report, covering trends from July 2024 to June 2025, emphasizes that traditional security measures are no longer sufficient. Modern defenses and strong collaboration between industries […]
Via Transilvanica, the long-distance trail that traverses Romania’s cultural, historical, and natural landscapes, has been awarded silver in the “Peace, understanding and inclusion” category at the 2025 Europe Responsible Tourism Awards. The initiative is organized by the International Centre for Responsible Tourism Global (ICRT Global). The award ceremony took place at the Press Club Brussels […]
