Supported byClarion Energy
HomeSEE Energy NewsHungary, Romania: Competition...

Hungary, Romania: Competition claim over gas interconnection transit

According to the Romanian media, the DirectorateGeneral for Competition of the European Commission (EC) has launched an investigation of the Romanian gas market after a complained from one Hungarian company.

EC investigation is targeting three gas companies in Romania (Transgaz, Romgaz and OMV Petrom), but mostly natural gas transmission system operator Transgaz, because for many years it delayed the investments needed for the export of Romanian natural gas to Hungary (Arad-Szeged gas pipeline). The investigation was initiated after a complaint from Hungarian company since Hungary could not access cheaper natural gas produced in Romania, which is considered as the blocking of the movement of goods within the European Union.

Currently, Arad-Szeged gas pipeline allows only gas imports from Hungary to Romania. Transgaz has been announcing for years that the company will invest in this pipeline, thus allowing the transit of natural gas in both directions.

In early June, The EC, namely its DirectorateGeneral for Competition, conducted unannounced inspections related to the prevention of natural gas exports at three large Romanian natural gas companies: Transgaz, Romgaz and OMV Petrom, which are being suspected of creating a cartel for the purpose of blocking gas exports from Romania to other EU countries, transmits Serbia-energy.eu

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: New electricity retail opportunities emerge as energy communities gain supplier options

Romania is reshaping the commercial framework for energy communities, potentially creating a new segment of the electricity retail market in which communities can choose between purchasing only their residual electricity needs from an external supplier or placing their entire...

Hungary: HUPX September power prices surge 17.5% as day-ahead trading volume falls

Hungarian electricity exchange HUPX recorded a sharp increase in September day-ahead electricity prices, while traded volumes declined from August but remained above year-earlier levels. The rise in prices increased wholesale procurement costs as the market entered the final quarter...

Croatia: CROPEX electricity prices rise in September despite lower trading volumes

Electricity prices on Croatia’s CROPEX exchange rose in September, despite lower trading volumes compared with August, pushing up wholesale procurement costs while overall market activity remained well above year-earlier levels. Total traded electricity reached 1.364 TWh, representing a 9.9% decline...
Supported byVirtu Energy