Romania’ natural gas imports dropped 6.1% in the first four months of 2022 compared to the same period of 2021, National Institute of Statistics (INS) data showed on Thursday (June 23).
The country imported during January-April 802,800 toe of natural gas. Meanwhile the domestic gas production was close to 2.38 million tons of oil equivalent (toe) a decrease of 6.1% (or 153,700 toe) from the similar period of last year.
The National Strategy and Forecast Commission estimates that Romania’s gas production this year will amount to 7.45 million toe, an increase of about 2% against last year while imports are expected to drop 19.6% to 2.33 million toe.
Domestic gas production will peak at 132 TWh in 2025 and will subsequently decrease to 96 TWh in 2030 and 65 TWh in 2050 according to the “2019 – 2030 Energy Strategy With Outlook to 2050” published on the website of the Energy Ministry.
The final natural gas consumption will keep constant between 2030 and 2050 at 68 TWh, with demand seen at an estimated high around 73 TWh, while the low is set to progressively decline from 63 TWh in 2030 to 47 TWh in 2050.
Last week, Romania received the first quantities of natural gas extracted from a Black Sea block, the country’s first new offshore development in over 30 years and the only project under development today.
The project is developed by Black Sea Oil & Gas, a company owned by global investment firm Carlyle International and the European Bank for Reconstruction and Development, in the Ana and Doina gas fields in the Black Sea.