Romania has imported during the first 10 months of 2021, a quantity of crude oil of over 5.513 million tons of toe (tonne of oil equivalent) net crude oil, with 49,700 toe (0.9%) smaller than the one imported during the similar period of 2020, according to the centralized data from the National Institute of Statistics (INS).Crude oil production rose up to almost 2.6 million toe, being 4.2% (112,900 toe) smaller than last year.The National Commission for Strategy and Prognosis (CNSP) estimates that crude oil production this year will be at 3.275 million toe (minus 3.2% from 2020) and 3.2 million toe (-2.3%) in 2022. Imports are expected at 8.425 this year (+20.7%) and 8.815 million toe in 2022 (+4.6%).The National Energy Strategy, published on the website of the Ministry of Energy, estimates that crude oil production will continue its slow drop tendency between 2030 and 2050, from 22 to 13 TWh (1.93 at 1.15 million toe).The results of modeling in 2016 indicate a halve of internal crude oil production, to up to approximately 2 million tons in 2030. The rise in import dependency cannot be avoided on medium and long term, unless the activity of exploring and production is encouraged, as well as increasing efficiency of fossil fuel consumption, the project mentions.
Romanian prosecutors at the Directorate for Investigating Organized Crime and Terrorism in Bucharest, or DIICOT, expanded the investigation into the defunct real estate developer Nordis, after receiving 300 new complaints from victims, Digi24 reported. Nordis, a premium developer, allegedly collected...
Foreign minister Oana Țoiu conveyed Romania’s offer to host the EU Maritime Security Hub during the Ministerial Meeting on Security and Trans-Regional Connectivity in the Black Sea region, organized on the sidelines of the Foreign Affairs Council on Monday, October 20. The meeting represented a first opportunity for an in-depth high-level discussion regarding the implementation […]
More than half of Romanians (55.6%) believe that modern technologies such as 5G and artificial intelligence (AI) are being used to manipulate the population, while nearly 60% think pandemics and economic crises are part of secret plots by global powers, according to a new survey by polling agency Inscop, as quoted by Biziday.ro. The
Romanian president Nicușor Dan said he would like to run for a second term “in principle,” in an interview given on Monday, October 20. However, he noted that it is too early to make a decision. Dan said he would need another 5-year term, aside from the one just beginning, because it takes time to accomplish things. […]
Romanian state-owned railway operator CFR announced on Tuesday, October 21, the cancelling of around 70 trail routes across the country due to debts of RON 100 million (EUR 20 million). The company failed to pay railway usage fees. Initially, CFR SA announced that 37 trains will be temporarily suspended, only to later increase the figure. The […]
The Romanian Intelligence Service (SRI), in cooperation with national and international partners, has foiled a sabotage operation allegedly orchestrated by Russia on Romanian territory, the agency announced on Tuesday, October 21. According to SRI, the planned attack involved two Ukrainian citizens acting under the direct coordination of Russian intelligence operatives. The pair...
