Romania filled nearly 95% of its natural gas deposits - Romania-Insider.com
Romania filled nearly 95% of its natural gas deposits | Romania Insider
Romania filled nearly 95% of its natural gas deposits
Romania's natural gas reserves accumulated for the cold season exceeded by some 5pp the target of 90% of the total deposits' capacity set for this year, announced former energy minister Virgil Popescu, the current president of the Commission for the Environment and Ecological Balance in the Chamber of Deputies.
Thus, the reserves accumulated in Romania exceeded 3 billion cubic meters, accounting for nearly 95% of the total deposits' capacity.
"There are enough resources for the needs of the population and industry for this winter!" - said Virgil Popescu, according to Economica.net.
According to the latest data from the Association of European Storage Operators (AGSI), the deposit filling rate at the level of the entire European Union was similar (94.4%) on September 21.
(Photo source: Dreamstime.com)
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.