Romania imported, in the first 11 months of 2023, a quantity of usable natural gas of 1.995 million tonnes of oil equivalent (toe), 2% higher (+39,800) than in the same period last year, according to data centralized by the National Institute of Statistics (INS).Domestic production of natural gas in the period January-November 2023 exceeded 6.841 million toe, 1.7% higher than in the first 11 months of 2022 (+117,500 toe).According to estimates by the National Commission for Strategy and Prognosis (CNSP) , natural gas production is expected to rise at an average annual rate of 3.6% between 2023 and 2026, following a 1.1% decline (to 7.343 million toe) in 2022.In its latest Energy Balance Forecast, the CNSP anticipates 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, by 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 for 2026 at 1.725 million toe (minus 1.8%).Last year, natural gas imports fell by 16.5% to around 2.4 million toe, while exports stood at 470,000 toe.
Romanian president Nicușor Dan is in Finland on Monday and Tuesday, December 15-16, where he is scheduled to take part in the EU Eastern Flank Summit and hold a series of official meetings with representatives of the Finnish government and the defense industry. According to the public agenda, on Monday, the president is set to […]
A new strategic move for NBI at a time when the residential market is carefully filtering truly valuable projects North Bucharest Investments announces the inclusion of the Avangarde Harmony project in its exclusive portfolio, a mid-plus residential development designed for modern families and emerging communities. The project is currently in the pre-sale stage, with a […]
Dr. Mona Pologea, founder of ROLANG School and a seasoned linguist, shares insights into why the Romanian language is increasingly seen as a valuable professional and cultural asset. She discusses how Romania’s economic development, particularly in IT and business, has reshaped the motivations of language learners, and how mastering Romanian can be a decisive factor […]
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
