1. Energy and gas  

Current investment projects in this field are focused on connecting the National Power System (SEN) to the Union for Electrical Power and Transport Co-ordination (UCTE) as follows:

• Finalising the interconnection of the Romanian SEN with the Hungarian power system by a 400 kV open line from Arad (project value USD 20 million);
• Building a back-to-back AC/DC/AC high voltage converter station at the 750/400 kV Isaccea sub-station (project value USD 60-90 million, according to the existing technical alternatives).

Another priority is finalizing the construction works at several HPPs, which are at different stages of completion, the 8 major HPPs in need of more than USD 1 billion, particular attention being currently paid to financing.

Projects aimed at covering the consumption peak by building underground deposits in the depleted areas (Margineni-Roman, Piscolt and Boldesti) need over USD 250 million.

The construction of a LPG terminal at Constantza port and inter-connecting the Romanian gas transport network with those of the neighboring countries (Hungary, Ukraine, Moldova etc.) need USD 150 million and USD 50 million, respectively. Projects meant to increase Romania's transit capacity for Russian gas to the Balkan Peninsula .

  2.  Operational costs