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26Mar 2026

Digi24

On Tuesday, March 26, at Digi24, we also talked about fuels, but with an emphasis on stocks. An overlooked aspect is the fact that only 56% of Romania's emergency stocks (the 2 million tons) are on the national territory. The location of stocks must be in the country in a much larger proportion to avoid unpleasant situations in which problems arise in accessing them. If we rely only on the stocks in the country, it means that they do not cover 4 months, but half. So, in theory we have reserves for 4 months, and in practice for 2.

26Mar 2026

A discussion from March 26, at B1.ro, in which I participated together with Dumitru Costin from the National Trade Union Bloc about the situation in the fuel market. Very good explanation provided by Dumitru Costin regarding the existence of different cost structures on our market: one is to extract crude oil, refine it and sell fuel (as OMV Petrom does), another is when you extract crude oil elsewhere, but refine and sell it in Romania (as Rompetrol does) and it's completely different when you just sell/distribute. The ones from Socar or Mol would fall into the last category: they import gasoline and diesel (which is extracted and refined elsewhere), which they only sell in Romania. We also talked about the statement of the BNR councilor Eugen Radulescu, as well as the context in which this increase in fuel prices comes: after the increase (doubling and even tripling) of property taxes in January.

25Mar 2026

Digi24

Wednesday, March 25, on Digi24 talking about the topic of the week: the government's measures to mitigate the impact at the pump. The government admits the possibility of changing the excise tax if the situation worsens. A first step in the right direction.

24Mar 2026

TVR Info

I spoke on the Prim Plan show, Știrile TVR, on Tuesday, March 24, about the package of measures proposed by the government to reduce fuel prices and about the categorical refusal to touch the excise tax. The proposed measures are palliative and will not solve the situation because the problem is located elsewhere, namely in the excessive taxation of the state, which imposes taxes per liter of fuel higher than the actual cost of the sold good.

24Mar 2026

TVR Moldova

I spoke on TVR Moldova, on March 24, about the 3 energy crises of the Republic of Moldova. Today, Moldova is the definition of a multi-crisis: the crisis in the electricity supply, the crisis on the fuel market, the environmental crisis (caused by the spilling of oil on the Dniester following the Russian attacks on March 7 on the Dnestrovsk hydropower plant in Ukraine). So, only in March, we have in Moldova: ... - a state of alert on the fuel market (60 days) - a state of environmental alert (15 days) - a state of emergency in the energy sector throughout the territory (established in connection with electricity (60 days) The Republic of Moldova will always be able to count on the support of Romania and, in this sense, the partnership with Romania has been tested countless times in recent years. But Romania cannot do miracles either. Moldova should have long ago embrace the European practice of establishing and maintaining stocks for emergencies, if not for 90 days (as in the European Union), at least for 30 or 45 days. Instead, the crisis surprised Moldova with fuel stocks that last only for ... 8-10 days. On the other hand, what claims do you have from the Republic of Moldova, when Australia (a member of the International Energy Agency) has stocks for only 30 days, despite the obligation to have 90 days.

24Mar 2026

Moldova 1

On March 24, on TV Moldova1, talking about the Russian attack on the energy infrastructure in Ukraine that took the 440 kV Isaccea-Vulcanesti line out of service. As long as part of the power line passes through Ukraine (and Ukraine is attacked daily), Moldova's electricity supply is also vulnerable to these attacks. After our discussion, it was announced that after the demining works in the area, the actual repair will take a week, and Moldelectrica will reimburse the Ukrainian side for the repair costs.

23Mar 2026

Digi24

Who is greedy? My intervention on Monday, March 23, at Jurnalul de seara, Digi24, regarding the situation in the fuel market. In Romania, gasoline reached 9 lei/liter and diesel 10 lei/liter. Therefore, Romanians now pay double per liter of gasoline compared to Americans, where the price at the pump in March reached 4.5 lei/liter (or 3.9 usd/gallon) - a level considered worrisome overseas. ... Under these conditions, the American state of Georgia has suspended the fuel tax for 60 days. The Italian government is trying to keep the price under 1.9 Eur/liter with a flexible excise duty. In France, the Total Energies company, on its own initiative, capped the price at the pump between March 13-31 at: 1.99 eur/liter (gasoline) and 2.09 eur/liter (diesel). In Spain, the government cut the VAT on fuel in half (from 21% to 10%). In Romania, the government refuses to touch excise duty and VAT.

23Mar 2026

Digi24

In the morning newspaper, yesterday, at Digi24, before the package of government measures was made public.

23Mar 2026

Prima News

A discussion from yesterday morning, Monday, March 23, with Raluca Al-Haddad, on PRIMA News about: - the severity of the combined energy crisis and the latest statements from the International Energy Agency - the possibility that this crisis will turn into a "black swan" type event - about what Ras Laffan (Qatar) means - not just an installation, but an industrial city of the city-port type that hosts several mega liquefaction plants of gas as well as GTL (gas-to-liquids), has the largest liquefied gas shipping terminal in the world, refineries, shipyard, etc. - about the affordability threshold in Romania and the specifics of our market where diesel is the queen. See more

22Mar 2026

Euronews

On Sunday, I participated in the show Voices that matter, from Euronews Romania, where I talked with Paula Rusu and Tudor Curtifan about the war in the Middle East and its economic implications. We talked about what happened in Ras Laffan (Qatar), about how other states are reacting (the American state of Georgia, for example, is the first state in the US to suspend for a period of 60 days the tax of 33 cents per gallon of gasoline and 37 cents per gallon of diesel), about the need for flexibility in the response to an energy crisis (the protection mechanism adopted should not last 4 years, as long as the cap-compensation scheme lasted in Romania), about the Trump administration and the lessons that can be learned from the war in Ukraine, especially regarding the shooting down of drones.

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