Romania is set to increase its natural gas storage capacity to more than 4 billion cubic metres, from a current 3 billion, Energy Minister Virgil Popescu said on Tuesday.He participated in the commissioning of a natural gas dehydration unit at the Bilciuresti storage facility, Dambovita County, along with Prime Minister Nicolae Ciuca and the management team of Romgaz and Depogaz."We want to increase our natural gas storage capacity to over 4 billion cubic metres by 2025. Investments are on the list of priority projects and can be financed with European money. As we set out in the government agenda, storage will increase to secure both the country's energy security and its energy independence," he said.The unit commissioned on Tuesday, worth 7.6 million euros, contributes to increasing the extraction capacity at the Bilciuresti storage facility, which is the largest natural gas facility in Romania.According to Depogaz's plans, a new storage facility could be built in Falticeni.At the same time, the minister gave reassurances that there will be no gas supply problems this winter.He reiterated that the price of gas had risen due to machinations by the Russian Federation through Gazprom, which increases pressure for the Nord stream 2 gas pipeline to be commissioned as soon as possible."We expect prices to fall after the winter, after the commissioning of the pipeline," the official added. Europe will create its own strategic gas reserves in order to hedge against future gas shortages, European Energy Commissioner Kadri simson said at a press conference on December 3, quoted by Intellinews.com. simson stated that the EC is working on a package of proposals to regulate the natural gas and hydrogen markets. she also added that, despite the extremely high natural gas prices in 2021, hub-linked gas prices would deliver gas more cheaply to the Continent over time than long-term oil-linked prices.
Ion Iliescu, Romania’s first president after the fall of communism in December 1989 and one of the country’s most influential and controversial political figures, died on Tuesday, August 5, at the age of 95. His death was announced by the government, which expressed condolences to his family and stated that details regarding the state funeral […]
A large medieval cemetery was discovered this week at the Hasdeu High School in Lugoj, western Romania. The complex may have extensions into the surrounding yards and a high historical importance. Although the excavations are only just beginning, with an estimated 10% of the necessary work completed so far, the discoveries have already showed promise. […]
A trilateral working meeting for the creation of a regional cybersecurity alliance between Romania, the Republic of Moldova, and Ukraine took place on July 30 in Chernivtsi, Ukraine. The establishment of such a union would boost Romania's role in region. "The National Cybersecurity Directorate considers that the initiative to establish a cybersecurity coalition between Romania, […]
Two Dacian gold bracelets from the collection of the National History Museum of Romania (MNIR) have been recently 3D scanned as part of a digital preservation project highlighting these exceptional archaeological pieces. The initiative, launched by the museum, aims to showcase the artistry and cultural significance of Dacian goldsmithing. Crafted with remarkable skill, the spiral-shaped […]
Arad, a city in western Romania dubbed the “Little Vienna,” will organize a celebration of its history and culture in the Austrian capital, between August 8 and 20. The Days of Arad Culture begin on August 8 with the photo exhibition "Arad of Yesterday and Today," which will highlight the architectural connection of the city […]
In a report published on Tuesday, August 5, the Group of States against Corruption, or GRECO, said that Romania has fully implemented two of the 26 recommendations made in the 2023 Fifth Round Evaluation Report on preventing corruption and promoting integrity among top executive functions of the central government and law enforcement. Out of the […]
