Gas

Romania has 2.801 billion cubic metres of gas in storage, amounting to a filling level of 90.9% of its entire storage capacity, said the national operator Transgaz. The 80% minimum mandatory level of gas in storage facilities established under a European Commission regulation was reached by Romania on 17th September. The president of the European Commission Ursula von der Leyen said in September that the European Union’s joint storage levels were at 84%. „Our friends in the Baltics have worked hard to end their dependency on Russia. They have invested in renewable energy, in LNG terminals, and in interconnectors. This costs a lot. But dependency on Russian fossil fuels comes at a much higher price. We have to get rid of this dependency all over Europe. Therefore we agreed on joint storage. We are at 84% now: we are overshooting our target”, said von der Leyen in her state of the union address in September.