Europe: Gas prices slide...

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices...

Region: Heatwave drives SEE...

In Week 30 of 2025, electricity market prices rose significantly across most Southeast...

Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...
Supported byClarion Energy
HomeSEE Energy NewsRomania: Natural gas...

Romania: Natural gas imports decline in 2024 as domestic production increases

According to data from the National Institute for Statistics (INS), Romania’s natural gas imports in 2024 totaled 1.821 million tons of oil equivalent, marking a decrease of 13.9% (or 294,800 tons) compared to the previous year. On the other hand, domestic natural gas production reached 7.57 million tons of oil equivalent, reflecting a slight increase of 0.9% (or 70,700 tons) compared to 2023.

The National Commission for Strategy and Forecast estimates that natural gas production will grow at an average annual rate of 1.7% from 2024 to 2027, building on a 1.4% increase in 2023. In its latest energy balance forecast, the Commission projects production to reach 7.675 million tons of oil equivalent in 2024 (a 0.6% increase), 7.79 million tons in 2025 (+1.5%), 7.907 million tons in 2026 (+1.5%), and 8.176 million tons in 2027 (+3.4%).

Regarding gas imports, an increase of over 10% is anticipated for 2024. However, imports are expected to decline in the subsequent years, with a notable drop of 6% by 2027. This decrease is attributed to rising domestic production, driven by the entry of new capacities, and the continued maintenance of transit to foreign markets.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Gas prices slide in Week 30 amid strong supply, cooling demand

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices falling below €34/MWh — the lowest level recorded since April 29, 2025. This decrease was mainly driven by steady Norwegian gas supplies and continued progress in...

Region: Heatwave drives SEE electricity prices to summer highs in Week 30 of 2025

In Week 30 of 2025, electricity market prices rose significantly across most Southeast European (SEE) countries compared to the previous week. All markets recorded weekly average prices above €100/MWh, with the exception of Türkiye. This marked the highest price...

Serbia plans to more than double gas imports from Azerbaijan to 1 billion cubic meters annually

The Serbian Energy Ministry has announced intentions to increase annual gas imports from Azerbaijan to 1 billion cubic meters, a rise of over 2.5 times the current agreement of 400 million cubic meters. Negotiations for new supply contracts are expected...
Supported byVirtu Energy
error: Content is protected !!