Supported byClarion Energy
HomeSEE Energy NewsRomania: Gas producers...

Romania: Gas producers vs imported gas, prices impact on market

President of the Romanian National Energy Regulatory Authority (ANRE) Niculae Havrilet said that imported natural gas will be 20 % cheaper this winter than natural gas produced in Romania.

At the Regional Energy Forum (FOREN), Havrilet explained that the possible losses for natural gas producers are a result of expected prices of natural gas on the international market, which should be around 15.47 euros/MWh. On the other hand, the price of natural gas produced in Romania and stored before 1 July is 17.68 euros/MWh, and 19.01 euros/MWh for the amounts stored after this date.

According to the gas prices liberalization calendar, the price of natural gas for households in Romania should go up by 10 % as of 1 July. Therefore, the suppliers will have to make a pool at the lowest price, which, along with the cheaper imports, will incur losses due to building up of stocks. The gas pool for households includes quotas of the current domestic production, stored and imported gas. ANRE sets these quotas in order to obtain the minimum end price of gas.

Nevertheless, Havrilet said that the continuation of price liberalization is necessary, adding that end price of natural gas for consumers will definitely not be increased by 10 % as of 1 July, 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

North Macedonia targets 2027 construction start for €1.5 billion Čebren-Galište hydro project

North Macedonia is targeting a 2027 construction start for the long-planned Čebren and Galište hydropower projects, reviving a combined investment of up to €1.5 billion after years of unsuccessful concession attempts. Čebren is planned with a capacity of around 333...

Greek court shuts solar permitting loophole after 185 MW project ruling

Greece’s highest administrative court has overturned approvals for a 185 MW solar development that had been divided into dozens of smaller projects, potentially tightening permitting requirements across the country’s utility-scale photovoltaic pipeline. The Council of State cancelled 186 preliminary producer...

Romania backs 1.3 GW Dama Solar project with €561 million financing

Romania has secured up to €561 million in financing for the 1.3 GWp Dama Solar project, clearing the way for construction of one of Europe’s largest onshore renewable-energy developments. Developer Rezolv Energy said the syndicated financing involves 14 lenders, with...
Supported byVirtu Energy