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    Voice of America: Romania Expects to be Energy Independent Despite Ukraine Crisis

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Summary

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

by: Sruthi

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Press Notes

Voice of America: Romania Expects to be Energy Independent Despite Ukraine Crisis

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.
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