Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Gross energy consumption, down by 3.5% in 2023,...

Gross energy consumption, down by 3.5% in 2023, petroleum products import, up by 29.3%

December 5, 2024

Imports of energy resources decreased by 5.5% in 2023 compared to the previous year, while gross domestic energy consumption decreased by 3.5% and final energy consumption recorded a 3.2% decline, it shows provisional data published on Friday by the National Institute of Statistics (INS).According to the quoted source, at a general level, the total energy resources available in 2023 have decreased compared to those in 2022, up to 42 million tons of oil equivalent (toe), during which the primary energy production decreased by 1.5%.Also, more significant decreases in resources were recorded for imported coke (-49.5%), coal (-21.6%) and crude oil (-11.1%).On the other hand, the resources of imported petroleum products (+29.3%), hydroelectric, wind, solar photovoltaic and nuclear heat (+10.0%) and natural gas (+6%) increased.The INS data reveal the fact that, in 2023, primary energy production (21.918 million toe) decreased by 344,000 toe compared to the similar period in 2022, against the background of the decrease in coal and soot production. In contrast, the production of electricity from renewable sources increased by 437,000 tep (+21.8%) and the production of usable natural gas by 129,000 tep (+1.7%).Regarding the import of energy products, it decreased, in the analyzed period, by 5.5%, due to the decrease in imports of coal and coke (-49%), coal (-15.3%) and usable natural gas (-6.2%). At the opposite pole was the import of petroleum products, with a jump of 29.3%.From one year to another, in 2023, the final energy consumption, for the total economy, decreased by 3.2%, as a result of the activities in industry (-13.8%), for the population (-4.3%) and from agriculture and forestry (-2.7%). Consumption from transport and other branches of the economy increased by 3.9% and 3.8%, respectively.At the same time, in the total final energy consumption, transport consumption has the largest share (33.7%), followed by population consumption (32.5%) and industry consumption (21.3%).

Read in full - click here
Bucharest events: Conductor Kent Nagano, violinist Frank Peter Zimmermann in concert opening George Enescu Philharmonic’s 2025-2026 season

The 2025-2026 symphonic season of the George Enescu Philharmonic (FGE) in Bucharest will open with two concerts led by American conductor Kent Nagano and featuring German violinist Frank Peter Zimmermann as soloist. The program includes works by Enescu, Beethoven, and Stravinsky. The concerts are scheduled for Thursday, October 2, and Friday, October 3. FGE’s chamber […]

Bulgarians and Romanians have lowest life expectancy in EU, Eurostat data shows

Romania recorded the second-lowest life expectancy in the European Union in 2024, at 76.6 years, trailing only Bulgaria at 75.9 years, according to preliminary figures released Thursday, September 11, by Eurostat, and quoted by Agerpres....

Romania’s opposition party AUR leads with 40.8% in latest INSCOP poll

Far-right, opposition party AUR (the Alliance for the Union of Romanians) continues to dominate voter preferences for the parliamentary elections in Romania, securing 40.8% support in the latest INSCOP Research – Informat.ro Barometer conducted between September 1 and 9. The party’s strong showing underscores the deepening polarization of Romanian politics, with nearly half of voters […]

Vastint Romania launches Ready Flex Space to meet rising demand for flexible offices

Vastint Romania has introduced Ready Flex Space, a new concept offering fully furnished, independent office modules on short-term leases, as demand for flexibility in the workplace continues to grow. The solution, already implemented at Business Garden Bucharest, spans 2,321 sqm divided into nine separate units ranging from 124 to 416 sqm. Eight of the units […]

Cushman & Wakefield: Romania’s hotel market beats expectations in H1 2025

Romania’s hotel sector outperformed forecasts in the first half of 2025, posting solid gains in occupancy and revenues that boosted its appeal for investors across Central and Eastern Europe (CEE), Cushman & Wakefield Echinox said in a report. Hotel occupancy in Romania rose by 4% in January–June compared with the same period last year, while […]

IULIUS launches EUR 80 mln revamp of Palas Iași, expanding retail and green spaces

Romanian developer IULIUS has begun the most extensive transformation yet of its flagship Palas Iași mixed-use complex, announcing an estimated EUR 80 million investment that will expand retail areas, increase green spaces, and introduce new leisure facilities. The company said the redevelopment will raise its total investment in downtown Iași to more than EUR 520 […]