Romania, now proudly the largest gas producer in Europe, surprises yet again! Despite expectations that this status would lead to lower prices for its citizens, the paradox is that Romanians are paying more for gas, while the rest of Europe enjoys substantial cuts.
While gas prices have dropped in most EU countries, Romania has seen a 7% price increase. The situation becomes even stranger when we look at price reductions in countries like Lithuania, Greece, and Estonia, where gas prices fell by 60%, 39%, and 37%, respectively. This 7% rise in Romania leaves many Romanians wondering why they aren’t feeling the benefits of the much-touted “energy independence” authorities boast about. So who truly profits from Romania’s gas production? While Italians, French, and Romanians face rising costs, much of Europe seems to benefit from falling prices. Is this due to a flawed energy market or another play by the authorities?
Despite the promises and flashy headlines about “Romania, the gas production leader,” the reality is that Romanians are feeling the cold and the higher costs more than ever.
These data are official, published by the EU’s statistical office, Eurostat.