Import gas supplies to Romania via Ukraine are running normally and in the event of disruptions, the gas flow can be easily redirected through other entry points, Ion Sterian, CEO of national gas transmission company Transgaz said on Thursday."There are no problems with imports through Ukraine. We have prepared for all possible scenarios and will cope with any situation. Romania's gas supply will not be affected," Sterian said.Romania currently imports 5.3 million cubic meters of gas per day through Ukraine, and its national consumption is about 40 million cubic meters per day."Even if gas imports from Ukraine are cut off, the flows can be easily redirected through the Negru Voda entry point and other points. There is no problem with that. We are lucky that Transgaz has made its investments on time. At this moment the BRUA pipeline is operating at full capacity and all the stations we have built are also working at maximum capacity, in reverse flow mode," said Sterian.Other gas import pipelines to Romania are those from Giurgiu-Ruse (Bulgaria) and Arad-Szeged (Hungary).
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
Romania celebrates its National Day this long weekend, when December 1 is a public holiday, as is St Andrew’s Day. At the same time, several Christmas markets are opening in Bucharest, Brașov, and Timișoara.
