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%).
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
