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Bucharest
March 3, 2021
BUSINESS

Government gives go-ahead to gas export

The Ministry of Economy and ANRE cancelled Order 1284/27/160 of 2011 by issuing a new order that no longer compels natural gas producers to deliver only to the local market the entire amount extracted in the country, money.ro reports.Although, from a legal point of view, this gives a go-ahead to the export of gas, the fact that Romania does not have, for the moment, pipelines capable of delivering the gas abroad makes this a physical impossibility. Dropping the interdiction to export gas was an express requirement of the European Commission in November 2012, and Brussels even initiated an infringement procedure over this issue.Export is however possible because the Energy Law allows the billing abroad, while the gas quantity is effectively delivered to a beneficiary in another state, to the account of the same amount ceded from the local production. The first “export” gate will be – most likely – the Ungheni-Iasi pipeline that will allow gas deliveries to the Republic of Moldova. The calendar of the natural gas market liberalisation provides for the gradual elimination of regulated prices for industrial consumers by 2014 and for household ones until 2018. This means a price increase for locally extracted gas until it reaches the level of the international market. The price will thus go up from 45.7 RON/MWh now to 119 RON/MWh.

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