Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


Natural gas consumption amounts to 81.4 million MWh, in first half of 2011

Natural gas consumption in Romanian amounted to 81.485 million MWh in the first half of 2011, increasing approximately 4 percent compared with the similar period of the previous year, when it stood at 78.719 million MWh, according to the centralized data of the National Energy Regulatory Authority (ANRE).

The domestic natural gas consumption represented 80.09 percent of all sources in June, the first two producers (Romgaz and Petrom) covering 95.61 of this source.

The import for consumption in June, current import and extracted from storage facilities, represented the difference, namely 19.91 percent. The first three importers - domestic suppliers - with a market share of over 17 percent each, covered together 67.18 percent of the total.

The imported natural gas price in June stood at 391 dollars per 1,000 cubic metres (108.62 leiMWh), declining from the price registered the previous month, when it stood at 424 dollars per 1,000 cubic metres (115.34 leiMWh).
Romanian gas import up nearly 70 pct by mid-year
Romania imported 2.037 million tonnes of oil equivalent worth of usable natural gas by this mid-year, i.e. up 69.5 percent or 835,900 toe from Jan.-June of 2010, show figures centralised by the National Institute of Statistics.

The Romanian national gas production Jan. to June totalled 4.318 million toe, by 1.3 percent or 56,000 toe more than in the six months of the prior year.According to a British Petroleum survey, the Romanian proved natural gas reserves stood at 600 billion cubic metres at end-2010, accounting for 0.3 percent of the world reserves. BP puts the world natural gas reserves at 187.1 trillion cubic metres.

As regards Romania's natural gas production, BP says it dwindled 2.9 percent in 2010 from the previous year to 10.9 billion cubic metres (0.3 pct of the total), while consumption amounted to 13.3 billion cubic metres (0.4 pct of the total), marking a 0.6 percent rise on 2009.