Under Liviu Dragnea, the Social Democrats became a byword for corruption and graft. Now a new crop of leaders says that the party has changed.
Romanian gas producers will no longer be taxed based on the reference price of the Vienna gas market, but the Romanian market price will be take into consideration, the Acting Minister of Energy, Virgil Popescu, declared on Wednesday, during the Focus Energetic conference."We have a complicated winter as a result of market turbulence. I am convinced that we will get through it fine, the stocks are within parameters. There are gas stocks of 2.2 billion cubic meters, coal is also within limits, as well as water reserves from the lakes," Popescu said.According to him, Romgaz production has gone up by 20%, but OMV Petrom reported a drop well below the natural decline limit.According to the financial results, OMV Petrom gas production has gone down by 11% during the first 9 months."Unfortunately, the other large producer had a drop and I am asking for measures to be taken regarding the cause. It cannot drop that much. We understand that there is a natural decline, but the drop should be within limits, and OMV Petrom's production drop is well beyond the natural decline limit, even if we do understand that there are distortions in the market," Popescu continued.He showed that he does not believe it is normal for Romanian producers to pay taxes based on the gas price in Vienna and that he will change this."I talked with the Prime Minister and the Minister of Finance and we will adjust this, so that the price in Romania to be a reference price, but I want good faith from Romanian producers for stabilizing the production and increasing it," the Government official also said. (Photo:https://www.facebook.com/photo/?fbid=443522297129104&set=pb.100044140131007.-2207520000..)
Under Liviu Dragnea, the Social Democrats became a byword for corruption and graft. Now a new crop of leaders says that the party has changed.
“Heading towards a Greener Mediterranean” is the promotional slogan of the kick-off meeting for the launch of the INTERREG EURO-MED 2021-2027 program, to be held… Read More »
December 1, 2021 On behalf of the United States of America, I congratulate the Romanian people as you celebrate Great Union Day, the anniversary of the unification of your country. Romania and the United States enjoy a longstanding partnership built on shared values, common interests, and strong people-to-people connections. We are proud to stand alongside Romania as NATO Allies, working together to […]
On Tuesday, the National Committee for Emergency Situations (CNSU) approved the repatriation of CNSU approves repatriation of Romanian citizens stranded in Kingdom of MoroccoRomanian citizens currently stranded in the Kingdom of Morocco.According to Decision 109, the repatriation will be conducted by also activating the EU Civil Protection Mechanism, as a result of the suspension of […]
Minister of Foreign Affairs Bogdan Aurescu is participating, on Tuesday and Wednesday, in Riga, Latvia, in the meeting of NATO Foreign Ministers, an important milestone in preparing negotiation of NATO's New Strategic Concept. NATO, as well as the NATO Summit in Madrid in 2022."The Minister of Foreign Affairs, Bogdan Aurescu, will participate, between November 30 […]
Adrian Caciu, the minister of public finances, announced on Facebook, on Tuesday, that the draft budget for 2022 was being built and criticized the former liberal government. “We must recover many delays and things not carried out in time, and we are working on finding solutions,” Caciu said, pointing out that the government would not […]