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Romania requires annual investment of almost 1bn euro in energy, specialists say

Romania requires annual investment of between 800 million and 1 billion euros in the energy field, according to a study presented by professor Aurel Leca at a conference on climate change, energy and environmental protection held in Bucharest.According to the same study, Romania has oil and natural gas reserves for 15 years; its dependence on oil imports is put at 54 percent and its dependence on gas imports at 50 percent. Romania can currently produce 15,000 MW, but 80 percent of the ...

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Energy & Environment

Thursday, March 1, 2007