News / Europe

Romania Expects to be Energy Independent Despite Ukraine Crisis

FILE - A worker walks in front of the drilling tower at Chevron's site during a media day in Pungesti.
FILE - A worker walks in front of the drilling tower at Chevron's site during a media day in Pungesti.
Ana Hontz-Ward

Romania is expected to achieve energy independence by the end of the decade, due to shale gas and alternative energy sources like wind and nuclear power. It is the third most energy independent country in the European Union after Denmark and Estonia.

A neighbor of Ukraine, Romania has found itself in recent months close to Europe’s latest energy and political crisis, a crisis that threatens to disrupt Europe’s gas supply and throw the European Union into economic turmoil.  Despite the continent’s dependence on Russian natural gas and oil, Romania is the only southeastern European country believed to approach energy self-sufficiency, and is mostly unaffected by the crisis in Ukraine.

Razvan Niculescu, the Romanian Secretary of Energy, said recent exploration efforts show Romania has significant offshore resources of natural gas in the Black Sea, with recovery expected to start by the end of 2019. These resources and unconventional shale gas will help Romania meet all its energy needs and even become an exporter of natural gas.

Romania already meets 80 percent of those needs from its own oil, gas, hydro, coal and nuclear energy sources, and imports the remaining 20 percent of gas and oil from Russia - unlike Ukraine and Bulgaria, which depend almost entirely on Russian natural gas imports, 

Besides a significant supply of offshore gas in the Black Sea, the U.S. Energy Information Administration estimates Romania to have 1.4 trillion cubic meters of shale gas, the third largest reserve in Europe after Poland and France. 

The crisis over Russia's annexation of Ukraine's Crimean peninsula and a bill paying dispute between those two countries further encouraged Bucharest to pursue energy independence. In May, U.S. Vice President Joe Biden visited Romania to discuss alternatives to Europe’s dependence on Russian energy and the possibility of Romania becoming a key connection point for energy markets between East and West.

Iulian Buga, Romania's ambassador to the United States, said Ukraine's crisis emphasizes the need to speed up that process.

“This is not only related to the current crisis in the region but it’s about the future, because the need for energy has been there for quite some time and it will increase and increase. With or without that crisis, you still need to find new resources, and the energy subject has always been an important element in the security of every country,” said Buga.

Another consequence of the crisis in the Crimean Peninsula is the construction of an inter-connector system between Romania and the Republic of Moldova, a small former Soviet republic east of Romania that is 100 percent dependent on Russian energy imports. Romania and Moldova have strong historical and cultural ties.

Romania is also doing a feasibility study on building an inter-connector pipeline that will allow natural gas from Azerbaijan to be transported through Georgia to Romania and farther into Central and Western Europe. Romanian Energy Secretary Niculescu said the pipeline will help the region sustain any future energy disruptions.

Niculescu said Europe will continue to import natural gas and oil from Russia, but these imports will be at an acceptable percentage and will ensure energy will never again be used as a political weapon.

The booming energy sector is expected to be the main economic driver and job creator as Romania works to catch up to wealthier EU members. According to government data, the energy sector alone is expected to create 20,000 jobs in Romania over the next decade.

You May Like

Photogallery Americans Celebrate Thanksgiving With Feasts, Festivities

Holiday traditions include turkey dinners, 'turkey trots,' American-style football and New York parade with giant balloons More

Video For Obama, Ferguson Violence is a Personal Issue

With two years left in term, analysts say, president has less to lose by taking conversation on race further More

Video Italian Espresso Expands Into Space

When Italian astronaut Samantha Cristoforetti headed for the ISS, her countrymen worried how she would survive six months drinking only instant coffee More

This forum has been closed.
Comment Sorting
Comments
     
by: Ryan from: Canada
July 16, 2014 12:24 AM
This could maybe boost their economy for once.


by: 1worldnow from: Earth
July 14, 2014 11:17 PM
This is great, maybe Romania can shine the light of energy independence for all nations.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
South Africa Sees Male Circumcision as Way to Reduce HIV Infectionsi
X
November 28, 2014 3:31 PM
South Africa remains plagued by AIDS despite massive government and NGO efforts on prevention and life-sustaining Anti-Retro-Viral programs. But the country has opened up another front to reduce new HIV infections: promoting circumcision. Emilie Iob reports for VOA News from a pioneering circumcision center in Orange Farm, Johannesburg.
Video

Video South Africa Sees Male Circumcision as Way to Reduce HIV Infections

South Africa remains plagued by AIDS despite massive government and NGO efforts on prevention and life-sustaining Anti-Retro-Viral programs. But the country has opened up another front to reduce new HIV infections: promoting circumcision. Emilie Iob reports for VOA News from a pioneering circumcision center in Orange Farm, Johannesburg.
Video

Video To Make A Living, Nairobi Street Vendors Face Legal Hurdles, Physical Violence

The Nairobi City Council has been accused of brutality in dealing with hawkers in the Central Business District - in order to stop them from illegally selling their wares on the streets. Lenny Ruvaga has more for VOA News from the Kenyan capital.
Video

Video For Obama, Ferguson Violence is a Personal Issue

Throughout the crisis in Ferguson, Missouri, President Barack Obama has urged calm, restraint and respect for the rule of law. But the events in Ferguson have prompted him to call — more openly than he has before — for profound changes to end the racism and distrust that he believes still exists between whites and blacks in the United States. VOA White House correspondent Luis Ramirez reports.
Video

Video Online Magazine Gets Kids Discussing Big Questions

Teen culture in America is often criticized for being superficial. But an online magazine has been encouraging some teenagers to explore deeper issues, and rewarding their efforts. VOA religion reporter Jerome Socolovsky went to this year’s Kidspirit awards ceremony in New York.
Video

Video US Community Kicks Off Thanksgiving With Parade

Thursday is Thanksgiving in the United States, a holiday whose roots go back to the country's earliest days as a British colony. One way Americans celebrate the occasion is with parades. Anush Avetisyan takes us to one such event on the day before Thanksgiving near Washington, where a community's diversity is on display. Joy Wagner narrates
Video

Video Aung San Suu Kyi: Myanmar Opposition to Keep Pushing for Constitutional Change

Myanmar opposition leader Aung San Suu Kyi says she and her supporters will continue pushing to amend a constitutional clause that bars her from running for president next year. VOA's Than Lwin Htun reports from the capital Naypyitaw in this report narrated by Colin Lovett.
Video

Video Mali Attempts to Shut Down Ebola Transmission Chain

Senegal and Nigeria were able to stop small Ebola outbreaks by closely monitoring those who had contact with the sick person and quickly isolating anyone with symptoms. Mali is now scrambling to do the same. VOA’s Anne Look reports from Mali on what the country is doing to shut down the chain of transmission.
Video

Video Ukraine Marks Anniversary of Deadly 1930s Famine

During a commemoration for millions who died of starvation in Ukraine in the early 1930s, President Petro Poroshenko lashed out at Soviet-era totalitarianism for causing the deaths and accused today’s Russian-backed rebels in the east of using similar tactics. VOA’s Daniel Shearf reports from Kyiv.
Video

Video Hong Kong Protests at a Crossroads

New public opinion polls in Hong Kong indicate declining support for pro-democracy demonstrations after weeks of street protests. VOA’s Bill Ide in Guangzhou and Pros Laput in Hong Kong spoke with protesters and observers about whether demonstrators have been too aggressive in pushing for change.
Video

Video US Immigration Relief Imminent for Mixed-Status Families

Tens of thousands of undocumented immigrants in the Washington, D.C., area may benefit from a controversial presidential order announced this week. It's not a path to citizenship, as some activists hoped. But it will allow more immigrants who arrived as children or who have citizen children, to avoid deportation and work legally. VOA's Victoria Macchi talks with one young man who benefited from an earlier presidential order, and whose parents may now benefit after years of living in fear.
Video

Video New Skateboard Defies Gravity

A futuristic dream only a couple of decades ago, the hoverboard – a skateboard that floats above the ground - has finally been made possible. While still not ready for mass production, it promises to become a cool mode of transport... at least over some surfaces. VOA’s George Putic reports.
Video

Video Falling Gas Prices Impact US Oil Extraction

With the price of oil now less than $80 a barrel, motorists throughout the United States are benefiting from gas prices below $3 a gallon. But as VOA’s Kane Farabaugh reports, the decreasing price of petroleum has a downside for the hydraulic fracturing industry in the United States.

All About America

AppleAndroid