Reuters: Romania to become gas independent by 2020 - Energy Min

Romania will produce more gas than it and smaller eastern neighbour Moldova consume by 2020, and the country's gas grid operator will need to invest in its infrastructure to handle additional resources, the energy minister said on Wednesday.

Romania is the third-most energy-independent state in the European Union, with a mix including gas, coal, hydro, nuclear and renewable energy, and unlike many of its emerging European peers it imports only a fifth of its gas needs from Russia.

"Our analyses show that by 2020 we will have more gas than Romania and Moldova consume overall, assuming consumption will not change from current levels," Energy Minister Razvan Nicolescu told the Reuters Eastern Europe Investment Summit.

"How much more remains to be seen. There will be a need to invest in infrastructure."
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