15.6 C
Supported byspot_img

Romania coal production to increase by 2020

Member of Europium Groupspot_img
Supported byspot_img

Romania’s coal production will increase, in the next four years, by 11.5 percent while imports will stay at the level of 2015, according to the energy equilibrium forecast of the National Prognosis Commission (CNP).Thus, coal production will increase from 4.7 million tonnes of oil equivalent (toe) in 2015 to 4.89 million toe in 2016 (plus 4 percent annually), to 5.05 million toe in 2015 (plus 3.3 percent), 5.15 million toe in 2018 (plus 2 percent) and 5.24 million toe in 2019 (plus 1.7 percent).

Conversely, according to CNP, coal imports will not modify until 2019, standing at 620,000 toe annually. Coal imports will represent 5.1 percent of the total of primary energy resources imports in 2016, 5 percent in 2017, 4.9 percent in 2018, and 4.8 percent in 2019.

In what regards coke imports, they will reach 465,000 toe/year and will represent 3.8 percent of the energy resources imports in 2016 and 2017, 3.7 percent in 2018 and 3.6 percent in 2019.

Supported by

Romania’s energy resources will reach 43.3 million tonnes of oil equivalent next years, growing by 1.6 percent compared to this year.

Of the total energy resources, 41.9 million toe are primary energy resources, of which 26.8 million toe is represented by production, 12 million toe — imports, and 2.9 million toe the inventory at the beginning of the year. Furthermore, 1.4 million toe represents the energy store in transformation.

The largest part of this resources, namely 33.1 million toe will end up in the country’s internal consumption, while another 5.8 million toe will become exports. Furthermore, at year’s end a store of 4.3 million toe is expected to exist, according to estimates by CNP experts.

For the next three years, the energy resources will grow by 1.6 — 1.7 percent yearly and will reach 44.02 million toe in 2017, 44.7 million toe in 2018 and 45.5 million toe in 2019, the CNP estimates also show.

Supported byElevatePR Digital

Related News

EU-Canada alliance in Critical Raw Materials, innovation, and sustainability at PDAC 2024

The EU delegation will be led by the top EU official Mrs Kerstin Jorna, the European Commission's Director General for Internal Market, Industry, Entrepreneurship and...

Tara Resources disputes a governmental ruling in Montenegro, putting forth arguments supported by evidence

The arguments proposed by the working group for terminating the concession agreement that the state has with the company Brskovo Mine are factually inaccurate, do not...

Teako Minerals announces strategic pivot with Norway as key focus

TEAKO MINERALS CORP. (the "Company" or "Teako") announces that following a recent Norwegian parliament meeting and the various developments in mineral exploration in Fennoscandia...

Raiden Resources advances exploration projects in Pilbara, Australia, and Bulgaria

Raiden Resources Limited has made significant strides in its exploration projects, both in Pilbara, Australia, and Bulgaria, heralding a potentially fruitful future in mineral...
Supported by
Supported by
Supported by
error: Content is protected !!