Romanian Minister of Energy Virgil Popescu said that Romania could start importing liquefied natural gas (LNG) from Israel via Egypt in order to reduce its dependence on Russian gas.
Minister Popescu met with the representatives of NewMed Energy, a Delek Group company, which is the operator of the largest offshore gas field in Israel. He said that Romania is interested in diversifying its supply sources and could import LNG from Israel via Egypt. He stressed that the country must seize all the opportunities to strengthen its energy security.
Delek Drilling changed its name to NewMed Energy earlier this year, and announced a strategic restructuring, deepening of the operating areas into alternative energy segments, including production of hydrogen, promotion of carbon capture and storage, and investment in renewable energy, as well as exploration for natural gas in new areas.
Minister Popescu also met with his Israeli counterpart Karine Elharrar, who said that Israel is determined to support Europe’s efforts to reduce its dependence on Russian gas. The Romanian delegation also held talks with representatives of Israel’s largest electricity supplier Israel Electric Corporation, and renewable energy projects developer Doral Energy.