Romania eyeing Israeli gas and renewable energy innovation - interview


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Romania eyeing Israeli gas and renewable energy innovation - interview
Romania’s energy minister told The Jerusalem Post about the potential future of energy trade between the two countries.
Published: APRIL 17, 2022

Romanian Energy Minister Virgil Popescu visited Israel last week for meetings dedicated to cooperation between the two countries in the field of energy. On the top of his agenda was the discussion of Romania’s importing Israeli gas and Israeli innovations in renewable energy. In an interview with The Jerusalem Post, Popescu elaborated on the possibilities surrounding bilateral collaboration.

“There is large potential for cooperation between Romania and Israel in the energy field,” he said. “We want to meet with companies that are willing to invest in Romania. We want to talk about renewables. We want to talk about investment, and we have to buy gas, because the main issue for the next week is reduction of dependence on Russian gas.”

Russia has significantly increased the price of its gas exports in recent weeks, which has led to growing pressure for importing nations to find alternative sources of natural gas. Romania is currently exploring several options, one of which is Israel. During a meeting with Energy Minister Karin Elharrar, the two “spoke a lot about Israeli gas, and the possibility of exporting Israeli gas to Romania.”