Romania's net gas imports in H1 2024 amounted to 834,800 million tons of oil equivalent (toe), 19.9 percent up (+138,800 toe) from the same period of the previous year, shows data released on Thursday by the National Institute of Statistics (INS).The domestic production of natural gas in the reporting period totaled 3.8 million toe, up 1.3 percent (+48,600 toe) year-over-year.According to estimates by the National Economic Strategy and Forecasting Board (CNSP), Romania's natural gas production will rise at an average annual rate of 1.7 percent over 2024 - 2027, after going up 1.4 percent in 2023.In its latest Energy Balance Forecast, CNSP predicts a 0.6 percent increase in Romania's gas production to 7.675 million toe in 2024, with the upward trend set to continue by an advance of 1.5 percent in both 2025 and 2026 (to 7.79 million toe and 7,907 toe, respectively), and of 3.4 percent (to 8.176 million toe) in 2026.Natural gas imports are projected to grow by more than 10 percent in 2024 and then switch to a downward trend that will speed up at the horizon of 2027 (-6 percent), in step with the advance of production as new capacities will be commissioned, but also as a result of the steady transit to foreign markets.Thus, imports are estimated to reach 2.392 million toe in 2024 (+11.1 percent), 2.211 million toe (-7.6 percent) in 2025, 2.150 million toe (-2.7 percent) in 2026, and 2.022 million toe (-6 percent) in 2027.
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 […]
On August 19, 2025, marking 144 years since the birth of George Enescu, the festival bearing his name will celebrate the composer’s legacy through a special event hosted at MINA – Museum of Immersive New Art in Bucharest. Audiences are invited to a free series of screenings of George Enescu – Poema Română: Immersive Experience, […]
Romania achieved the best result in its history at the 37th edition of the International Olympiad in Informatics 2025. The four students representing the country each secured a gold medal. The olympiad took place in Sucre, Bolivia, and brought together participants from over 90 countries to compete in computer science. Romania’s golden team consisted of […]
Romania has the third-highest electricity spot price in the EU from the beginning of the year to date, maintaining the position it held last year, according to data analyzed by Profit.ro. The average daily price of electricity traded on the day-ahead market operated by OPCOM (equivalent...
With AI's promise to elevate efficiency and access to knowledge comes the prospect of increased inequality for those who cannot access it. Against the backdrop of the many challenges AI poses, it is important to examine our truth bubbles, identities, and modes of organizing, behavioral scientist Tamás Dávid-Barrett argues. Tamás Dávid-Barrett, who trained as both […]
Home prices continue to rise rapidly in most major cities across Europe and globally, including Romania. Bucharest and other large cities are nearing the critical threshold of inaccessibility for residents with average incomes, according to an analysis by the Social Monitor, a project of Friedrich-Ebert-Stiftung Romania, based on data from Numbeo and Eurostat. In the […]
