Romania will secure its energy independence in 2027 and will even become a provider of security in the region, including for the neighbouring Republic of Moldova and Ukraine, said the president of the National Energy Regulatory Authority, Dumitru Chiriţă. He added that over the past few years Bucharest invested EUR 3 bln in natural gas and electricity transport and distribution systems. On the other hand, investments in production operations only amounted to EUR 30 mln, but this will change as massive funding will be channelled in this sector. According to the Authority, new production units will be operational in 3-4 years’ time, with a combined output of over 10,000 MW, and investors are quite interested in the projects, some of which are funded from loans and others from private sources.
Eugen Cojocariu, Radio Romania International
