Romania, Country wants to increase its natural gas storage capacity from 3 billion to 4 billion cubic meters by 2025

, SEE Energy News

Romanian Minister of Energy Virgil Popescu said that the country wants to increase its natural gas storage capacity from 3 billion to 4 billion cubic meters by 2025, under a project financed from the EU funds.

Minister Popescu said at the inauguration of a gas drying station at the Bilciuresti depot that Romania wants to its increase gas storage capacity to over 4 billion cubic meters by 2025. Investments are on the list of priority projects and can be financed with European money. The increase will ensure both the country’s energy security and its energy independence.

He also assured that there will be no problems with gas supply during the winter season. According to him, the price of gas has risen due to speculation by the Russian Federation through Gazprom, which is pushing for the Nord Stream 2 gas pipeline to be put into operation as soon as possible. After the winter, when Nord Stream 2 enters commercial operation, the prices will decrease.