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Minister Gerea: the National Energy Strategy is one of our priorities for the period 2015-2035

The completion of the Energy Strategy and the continuation of the energy sector's structural reform are this year priorities Minister of Energy and SMEs Andrei Gerea announced this week at a press conference organized at the Bucharest Stock Exchange headquarters.

2015-01-22 13:10:42

"For 2015 we set ourselves two major priorities. One is the completion of the National Energy Strategy for the period 2015 - 2035, which is currently under public debate, envisaging the inclusion of plans for the sector′s development, boosting the supply security and capitalizing on Romania′s favorable geographical position in the context of ongoing efforts to limit the effects of global climate change. Point two on the agenda refers to carrying on with the structural reform of the energy sector, which holds a key importance, and which features the privatization and restructuring of energy companies as important components," Andrei Gerea told a press conference organized on the occasion of the official trading session opening ceremony marking the fourth anniversary of Proprietatea Fund getting listed on the Bucharest Stock Exchange.

The Minister explained that he wants the National Energy Strategy built primarily around energy security.

The National Energy Strategy for 2015 - 2035 was put up for public debate in early December last year. According to the document, the investments required by the Romanian energy sector in the respective time span amount to approximately 100 billion euros.

The Strategy also states that Romania needs to step up the exploration and, possibly, the exploitation of new conventional and unconventional deposits of crude and natural gas, against the decline in the output of mature conventional hydrocarbon deposits.



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