Romania set to become major gas exporter as EU phases out Russian supplies

The European Union will gradually end imports of Russian gas by the end of 2027, reshaping the continent’s energy market. Analysts say Romania could emerge as a net gas exporter by 2028, with production expected to exceed domestic demand by more than 60 TWh per year. The Neptun Deep field, slated to deliver its first gas in September 2027, may allow Romania to export up to 5 billion cubic metres annually, pending government decisions on pre‑emptive rights. Serbia plans a gas interconnection with Romania, while Poland is preparing a major FSRU terminal in Gdańsk, scheduled for April 2028, to regasify LNG and channel supplies southward.

At the same time, the European Commission is drafting measures to lower energy bills across the bloc. Proposals include reforming the tax regime for electricity versus natural gas, reducing network and ancillary charges, and accelerating the rollout of smart meters so that half of European consumers have them by 2030. The aim is to shift consumption toward electricity, boost investments in heat pumps and electric vehicles, and enhance resilience against geopolitical shocks that keep fuel prices volatile.