Publications

Survey of Energy Resources 2007

Natural Gas Country Notes

The Romanian WEC Member Committee reports proved recoverable reserves of 120.9 bcm, a further reduction on the 163.3 bcm reported for the 2004 Survey and the 405.6 bcm advised for the 2001 edition. Published assessments of Romania's gas reserves vary widely, ranging from Oil & Gas Journal's 101 bcm (reduced to only 63 at end-2006) to Cedigaz and BP at around 630 bcm. The proportion of proved recoverable reserves that is non-associated with crude oil is reported to be 90.4%.

The reported additional amount of 'unproved' gas in place has fallen again, from 100.6 to 70.7 bcm, of which approximately 32% is considered to be recoverable.

After peaking in the mid-1980s, Romania's natural gas output has been in gradual secular decline, falling to around 12 bcm in recent years, only about one-third of its peak level. Indigenous production currently supplies about two-thirds of Romania's gas demand; the principal users are power stations, CHP and district heating plants, the steel and chemical industries and the residential/commercial sector.