Romania's gas imports soar in early 2025
Romania's usable gas production in January 2025 was 661,700 tonnes of oil equivalent (toe), a decrease of 300 toe compared to the same period last year.
Romania's usable gas production in January 2025 was 661,700 tonnes of oil equivalent (toe), a decrease of 300 toe compared to the same period last year.
Imports of crude oil totaled 6.665 million toe during the period, 313,200 toe more than in January-November 2023 (+4.9%).
Romania exported €952 million worth of agricultural and food products to Italy, down 6.2% compared to 2022, Italy being the top destination for Romanian exports in this category.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,