Romania's usable natural gas production in the first two months of 2025 was standing at 1.26 million tons of oil equivalent (toe), down 23,800 toe year-on-year, at minus 1.9%, according to data with the National Institute of Statistics (INS).On the other hand, in the first two months of this year, natural gas imports increased by 23% (plus 255,200 toe) year-on-year, to 462,700 toe.According to estimates of the country's by the National Board for Economic Strategy and Forecast (CNSP), natural gas production is expected to grow by 2027 at an average annual rate of 1.7%. Thus, in the latest Energy Balance Forecast, a natural gas production of 7.79 million toe (plus 1.5%) was estimated for 2025, a natural gas production of 7.907 million toe (plus 1.5%) for 2026 and a natural gas production of 8.176 million toe (plus 3.4%) for 2027.As for imports, a downward trend is expected at a more pronounced pace by 2027 (minus 6%), in line with the advance of production, through the commissioning of new capacities, and also taking into account transit to foreign markets continuing.CNSP is expecting 2025 natural gas imports of 2.211 million toe (-7.6%), 2026 imports of 2.150 million toe (-2.7%) and for 2027 imports of 2.022 million toe (-6%).
Romania has signed an intergovernmental contract with Türkiye for the purchase of a HISAR-class light corvette, marking a major step in the modernization of the Romanian Naval Forces. It is also the first international sale of a combat ship built in Türkiye to a NATO and EU member state, according to ASFAT representatives. The total […]
It’s the weekend of the St Nicholas celebration, but also of one for bookworms as one of Bucharest’s two major book fairs is on. Meanwhile, more season markets and events bring a festive atmosphere. ...
It’s the weekend of the St Nicholas celebration, but also of one for bookworms as one of Bucharest’s two major book fairs is on. Meanwhile, more season markets and events bring a festive atmosphere. ...
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
