According to National Energy Regulatory Authority (ANRE) regulation, the failure to comply with the supply obligation, either by the buyer or by the seller, is sanctioned with a fine between 5 and 10 % of the turnover.
Contracts for the sale and purchase of gas on the wholesale market concluded after 1 July 2020, regardless of the origin of natural gas (domestic production or import) generate a supply obligation for market players, who also, together with the operators of centralized markets (OPCOM and BRM) also have the obligation to report to the ANRE.
ANRE makes these clarifications in a document detailing how producers, suppliers or importers have to report concluded contracts. By amending the Law on Electricity and Natural Gas, between 1 July 2020 and 31 December 2022, all participants in the natural gas market, except producers whose annual production in the previous year exceeded 3 million MWh, to the extent that they contract the sale or purchase of natural gas on the wholesale market, in a calendar year, have the obligation to offer annually, as a seller/buyer, quantities/purchase requests on the centralized markets.
