Three-year gas forecast: steady imports, production – slightly up

Energy balance prognosis published by the Romania’s Commission for Economic Forecasting (CNP) shows that natural gas imports will remain constants over the next three years, while the production will grow by 1.1 percent – 2.8 percent.

More specifically, the gas imports will remain at the level of 150,000 tonnes of oil equivalent (toe), following a drop of 66.4 percent estimated for this year. Gas production will increase next year by 1.1 percent to 8.85 million toe, by 1.7 percent to 9 million toe in 2017 and by 2.8 percent to 9.25 million toe in 2018.

According to the National Statistics Institute (INS), usable natural gas imports amounted to 447,400 toe in 2014 by 61.5 percent (714,100 toe) below than those in 2013.

Also, domestic production of natural gas totaled over 8.675 million toe, by 73,900 toe (0.9 percent) higher than that reported in the previous year.

Energy Strategy of Romania draft for 2015-2035 reveals that Romania has the largest reserves of natural gas in Central and Eastern Europe, with secured reserves of around 1,600 TWh.

Central and Eastern EuropeenergyEnergy Strategy of Romania draftgasimportsNational Statistics Institute (INS)next three yearsproductionreservesRomania’s Commission for Economic Forecasting (CNP)tonnes of oil equivalent (toe)
Comments (0)
Add Comment