Due to the recent disruptions in the Black Sea affecting oil transport to Romania, the Ministry of Energy is analyzing alternative supply options for fuels. Representatives of Rompetrol, the main oil supplier from Kazakhstan, have announced the halt of deliveries via the Black Sea, but assured that they will compensate for any shortages.
The Ministry warns that an extension of the blockages could affect fuel prices, and a meeting with operators in the oil industry will be convened to assess the sector's response capacity.
Romania significantly depends on oil from Kazakhstan, importing over 77% of its needs, and any potential blockages could have major effects on the market. Authorities emphasize that strategic fuel stocks can ensure consumption for at least 90 days. Despite the lack of immediate issues, fuel prices have already increased by up to 15 bani per liter.
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