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Natural gas consumption of Romania 2005-2019

In 2005, the natural gas consumption in Romania peaked at 16.2 billion cubic meters. Subsequently, natural gas consumption decreased to 10.9 billion cubic meters in 2019. However, for an annual consumption of more than 100,000 gigajoule, the prices for natural gas increased up to 2.87 euro cents per kilowatt hour as of 2019.

Romania’s gas network and providers

In 2019, Romania’s gas network length totaled 42,287 kilometers. This represented an increase of over four thousand kilometers of gas pipes since 2014. Nevertheless, it comes as no surprise that Mures was the county with the highest gas network length in 2017, totaling over three thousand kilometers, since Romania has its biggest natural gas field in that area. Regarding the most important companies in the natural gas industry, the top is by far dominated by OMV Petrom, in terms of both turnover and profit in 2018. At the same time, by 2020, OMV Petrom was the second most important company in Romania by market value.

Natural gas resources at the Black Sea

In February 2020, OMV Petrom and Exxon Mobil announced the discovery of an important gas field in the Black Sea, at approximately 170 kilometers from the shore, which has the potential of covering Romania’s natural gas imports for the next 20 years. According to a survey realized by INSCOP Research, nearly four out of ten Romanians were of the opinion that Romania’s greatest benefit from exploiting the natural gas resources found at the Black Sea would be to provide with domestic gas resources at a more accessible price for the Romanian population.

Natural gas consumption in Romania from 2005 to 2019

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Source

Release date

June 2020

Region

Romania

Survey time period

2005 to 2019

Supplementary notes

Excludes natural gas converted to liquid fuels but includes derivatives of coal as well as natural gas consumed in Gas-to-Liquids transformation.
Figures not included in the PDF were taken from the BP Statistical Review data workbook.

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Statistics on "Global natural gas industry"

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