29.8 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

Coal India expands into graphite mining with new license

Coal India Limited (CIL) is diversifying its operations beyond coal for the first time by entering the graphite mining sector. The Ministry of Mines...

Latin America’s chance to redefine mining and drive the global energy transition

Latin America's tumultuous relationship with mining dates back to the conquistadors' plundering of gold and silver for the Spanish crown. Following independence, the arrival...

U.S. faces critical mineral supply challenges: Urgent policy reforms required for energy security

The global shift towards electrified economies is redefining energy security, as the demand for essential metals like lithium, graphite, copper and rare earth minerals...

Cornish Metals finalizes $4.5 million royalty sale to focus on South Crofty tin project in UK

Cornish Metals Inc., a mineral exploration and development company focused on its 100% owned and permitted South Crofty tin project in Cornwall, UK, has...
Supported by
Supported by
Supported by
error: Content is protected !!