Premier Nicolae Ciuca stated that the extraction of the first natural gas from the Black Sea could take place this year, saying that over the period to come investments in the Neptun Deep start as well as those connected to the exploitation of the gas from the deep. Nicolae Ciuca stated on Monday at Radio Romania Actualitati that Romania is not affected by the lack of energy and gas resources. ‘Romania is not a country which is affected by the lack of energy and gas resources. Romania has potential in both domains and that is why we come with two parts. One is to sign up in the programmes of the European Union to develop new energy sources and we have as objective to develop the renewable sources of energy, and as regards the independence of gas resources against the Russian Federation, we have decided that through this law (the offshore law) to insure stability and legal predictability to the business environment in the domain’ the premier said. He said that extraction of the first natural gas from the Black Sea will take place this year. ‘There is the possibility that in a short period of time we start investments in the Neptun Deep and insure the exploitation of the gas in the Black Sea, at the same time, we insure the exploitation of the gas on the national territory from the deep, this investment being able to insure gas starting with 2024. From the Black Sea we have the possibility to get gas at the middle of this year. There is investment made by Black Sea Oil and Gas and signed the reception document, with the possibility that we can insure one billion of cubic metres of gas annually through this investment and of course, at the end of 2026, the beginning of 2027 to have the first gas from Neptun Deep’ explained premier Nicolae Ciuca.
Voxxed Days Bucharest 2025, an event dedicated to IT professionals and software developers, will take place on March 26-27, 2025, at Crowne Plaza Hotel Bucharest. This year, the conference reaches the next level by emphasizing the development of intrapreneurial skills among software developers - an essential step in shifting from an outsourcing-based...
Exim Banca Romaneasca continues to expand its portfolio of digital services and now offers individual customers the possibility to update their personal data entirely electronically via internet/mobile banking. This convenient and accessible method allows for periodic data updates anytime and from anywhere, without the need to visit a branch. To update their data via internet/mobile […]
Iulia Boldor, better known as Yushia, is a women’s trailblazer in the traditionally male esports world. The rising industry has found room for female representation in recent years, and the 22-year-old Romanian is at the forefront of its most popular gaming competitions, the League of Legends professional tournaments, as part of the French esports organization […]
The renowned therapist will be in Romania for the first time as part of DiFine Your Essence, a series of events combining personal, professional, and spiritual development Lin Holmquist, one of Europe’s most respected Tantra and personal transformation facilitators, will be in Romania for the first time from June 27-29 as part of EnlightX, the […]
Holcim Romania has invested over EUR 700,000 in its Stăncești aggregate plant in Prahova county, with more than EUR 450,000 dedicated to a state-of-the-art water recycling and purification system. This investment significantly reduces the plant’s water consumption by approximately 80%, the company said. “This investment is a clear demonstration of our commitment to improving operations […]
Romanian far-right leaders George Simion (AUR) and Anamaria Gavrilă (POT) have announced their candidacies for Romania’s 2025 presidential election following the invalidation of Călin Georgescu’s bid. The two politicians stated that only one of them would remain in the race after their candidacies are officially validated. Simion, the leader...
