In a recent report, the US energy statistics institution estimates Romania’s technically recoverable shale gas resources reach 51,000 billion cubic feet (about 1.444 billion cubic meters).
At the country’s current rate of consumption, of 14 billion cubic meters of gas per year, the shale gas reserves would be sufficient for over 100 years.
Romania’s proved resources are assessed at 4,000 billion cubic feet (113 billion cubic meters), while estimated shale oil reserves are seen at 300 million barrels.