The current natural gas reserves amount to 101.37 billion cubic meters (bcm). At the current production level and replacement rate, reserves could last for another 15-20 years, reports local Economica.net.
The average annual production amounted to 10.8 billion cubic meters in the last years whereas the proven reserves’ annual decline reached 5%. The replacement rate was 80%.
Romania also had 42.3 bcm of probable gas reserves, and 10.95 bcm of possible
reserves, but their exploitation requires new investments.
(Romania-insider.com)
