The new strategy will include the principles presented by the ruling Social Liberal Union in its governing program.

The Romanian Government approved in 2007 a draft energy strategy for 2007-2020. Over the past two years, the Executive has been working on a new strategy for 2011-2035.

Alexandru Sandulescu, director within the ministry, said the strategy approved by the Government in 2007 lacks environmental permits, as several non-governmental organizations opposed the act. He added that, public debates on the new energy strategy might last for a long time because of parliamentary elections to be held this fall.

Traicu said he is confident that, by this fall the state will attract investors for the EUR4 billion project to construct two nuclear reactors in Cernavoda. Romania is in negotiations with two investors, one from China and another from South Korea, he added.

Companies interested in the project have until September 15 to submit bids, Traicu said.

The project to construct two more nukes at Cernavoda was put off after several key investors withdrew from the project. Cernavoda currently operates two reactors of 700 megawatts power each and covers around 20% of Romania’s electricity consumption.