Romania has sufficient natural gas reserves for winter, minister says

Energy minister Bogdan Ivan said that Romania has sufficient natural gas reserves to cope with periods of low temperatures over the unexpectedly cold winter. Moreover, he estimated that prices will not increase after the elimination of the compensation scheme for natural gas on April 1.

At the moment, Romania is coping with winter temperatures through its own reserves and is even making a profit by exporting gas, the minister argued. Bogdan Ivan recalled that storage of gas reserves began as early as last summer, with the authorities ensuring that there would be stocks for domestic consumption “regardless of the conditions this winter.”