Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. OMV Petrom vicepresident: Romania can become a “Blue...

OMV Petrom vicepresident: Romania can become a “Blue hydrogen valley” in EU

May 26, 2022

Romania can become a “Blue hydrogen valley”in EU, as it has gas resources, carbon storage capacities and varied industry which can use this resource, said Ionut Ciubotaru, vicepresident for business development, OMV Petrom, at a conference on Tuesday.   “At present we are the second gas producers in EU after the Netherlands and we have a big opportunity to become the first largest natural gas producer in EU, if we access gas resources in the Black Sea, with all advantages this investment can bring along in point of jobs, state budget incomes and Romania's independence from imports. If we do not have these resources, Price Waterhouse Coopers foresees that 50% of the necessary has consumption will come from import in 2030,” Ciubotaru said at the conference “Hydrogen Project- first steps in Romania,” organized by Energynomics.ro.   Moreover, Romania can store carbon dioxide in empty crude and gas reservoirs. “Obviously, tests must be done and the law adjusted, but there is this possibility, we should take it into account and have in view that we may become one of the largest carbon dioxide stock owners in EU,” the OMV Petrom official continued.   At the same time, Romania has a varied industry where hydrogen can be used. “Romania has a very good industrial diversity, which leads us to the idea that maybe we will have local hydrogen consumers in the future. I am mentioning all these three arguments for a concept we are trying to promote, that Romania can become a “Blue hydrogen valley in EU,” Ciubotaru added.   In his turn, Ioan Iordache, the CEO of the Association for Hydrogen Energy, said that hydrogen can be stored in salt mines on a long run.   “We are talking about storing hydrogen in underground salt caves. Storing on a long run, in large quantities. In Romania we have this potential and we are among the first to have studied and written about it,”Iordache showed at the same conference.    

Read in full - click here
Romanian film “Catane” to have first screenings in the country after international festival run

“Catane,” a dark comedy inspired by real events and directed by Ioana Mischie, is set to have its first special screenings in Romania after a successful festival circuit.  The film had its world premiere at the IFFI Goa festival in India and was nominated this year at the Hollywood Music in Media Awards for Best […]

Water reserves in Romania decreasing at alarming rates, report shows

Romania is among the European countries where water reserves are decreasing at an alarming rate, according to an analysis carried out by researchers from University College London in collaboration with The Guardian and Watershed Investigations.  Scientists analyzed data from the period 2002–2024 provided by satellites that monitor changes in the Earth's...

British teenager goes missing while hiking in Romania

George Smyth, 18, went missing on a hike near Romania’s famous Bran Castle more than a week ago. On November 23, the British citizen started to suffer from hypothermia and exhaustion and called the emergency services.  Trying to locate him, mountain rescue services conducted searches over the next few days but were only able to […]

Water crisis in Romania's Prahova, Dâmbovița counties impacts over 100,000 people

Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week. The dam registered a drop in water levels, leading to problems in the water distribution system. […]

Reduced noise and lights planned for inclusive ‘Silent Day’ at Bucharest Christmas Market

A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]

Eurostat: Romanians have the highest level of trust in others in the European Union

Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland.  The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I...