Romania inks first energy memorandum with Turkey

Business Forum

6 May, 2025 at 4:30 PM

Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.

The agreement allows Romania to import up to 4 million cubic meters (cbm) of gas daily from Turkey, if needed.

According to a LinkedIn post, Romanian Energy Minister Sebastian Burduja stated "It is an agreement that offers stability in a complicated regional context.”

Burduja also discussed with his Turkish counterpart, Alparslan Bayraktar, the interest of Turkish investors in Romania's clean energy sector, ongoing gas developments in the Black Sea, and the construction update of the Tuzla-Podișor gas pipeline.

EU funding awarded for two solar projects in Romania

Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.

Energy

Romania launches second CfD auction for renewable capacities

The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.

Energy

Romania's energy system is operating without any issues, says minister

Romania's Energy Minister Sebastian Burduja said, “our national energy system is operating without any issues,” in response to the massive power outages reported in Spain and Portugal.

Energy

Romania faces a clean energy glut during the Easter holidays

Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,

Energy

Romania rolls out state aid scheme for large energy consumers

The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.

Energy

OMV Petrom, Romgaz start drilling on €4 billion Black Sea gas project

OMV Petrom and state-owned gas producer Romgaz have announced the initiation of drilling for the first gas production well in the Neptun Deep project.

Energy

Romania's renewable sector could see around 5,000 MW in new capacities

Romania is making gains expanding its renewable energy capacity, recording an increase in the number of projects that are fully permitted for development.