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May 18, 2022

Natural gas price for companies will not increase

Moreover, minister delegate for Energy Razvan Nicolescu assures that the prices might go down in the upcoming months, by adopting the package proposed for public debate.

The convergence process for the natural gas price for industry was created and the prices do not need to go up, as it was the agreement with the International Monetary Fund and the European Commission, said Minister delegate for Energy Razvan Nicolescu during a press release, adding that the prices might go down in the upcoming months, by adopting the package proposed for public debate.
For the non-household natural gas consumers, the deregulation is to end on October 1, 2014, and for the household consumers, it ends on October 1, 2018. To make the market more dynamic and to increase transparency, the Energy Department proposes that the natural gas producers have to trade transparently, non-discriminatory and centralized a certain amount of natural gas between July 1, 2014 and December 31, 2018, an amount determined by the National Regulatory Energy Authority (ANRE).
“This obligation will be enforced between March 1, 2015 and December 31, 2018 to the natural gas suppliers as well, both from the domestic gas and from the imported gas,” according to the release of the Energy Department.
The Energy Department also proposes that a transitory period of eight months should be set for the non-household consumers, necessary to conclude supply contracts in a competitive manner.
“Consequently, for the non-household consumers, we do not believe any higher tariffs are necessary, for the scheduled agenda. The Energy Department asks ANRE to conclude the revision process for the grid code as fast as possible for a better market operation,” reads the release. Romania took the commitment to the European Commission and the IMF to give up the regulated prices at gas and power. These processes are made separately for the population and the industry. At the end of last year, the deregulation of the power price for industry was made. For the population, the deregulation is to conclude in 2018.
On the other hand, PM Victor Ponta said on Friday at Targu Mures, after visiting the chemical fertilizers plant Azomures that he is going to set a meeting with the major consumers and with the two national gas suppliers, Romgaz and Petrom, because he wants to facilitate “the enforcement of the market rules.” He said that, along the package of measures already announced by the Energy Department, a new notification regarding the current situation will take place this week at the Government “as the national and European legislation allow,” after which they will set a new meeting with the gas producers and the major consumers on Wednesday.

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