ECONOMY ENERGY

Romania does not need natural gas imports

Household consumers and heating plants that service household consumers will consume natural gas only from domestic production from 1 April 2016 to 31 March 2017, according to an Energy Regulatory Authority (ANRE) document.

The total quantity of natural gas expected to be used by household consumers and heating plants during that period stands at 42.3 million MWh (34.8 million MWh during winter months and 7.5 million MWh during summer months).

Domestic natural gas producers have to offer this quantity of natural gas in order to cover the consumption needs, ANRE points out.

Last year, Romania consumed 121.1 million MWh of natural gas, down by 4.5 percent from the 127 million MWh consumed in 2014, according to ANRE reports.

At the same time, in December 2015 the price of imported Russian natural gas stood at RON 89.92 MWh, higher by 18 percent compared to the price of the natural gas from domestic production, namely RON 75.37 per MWh, ANRE’s December 2015 report shows.

The aforementioned document also shows that, in December 2015, Romania used imports to cover 7.5 percent of its natural gas consumption, in contrast to the pre-crisis period when Romania was using imports to cover a quarter of its natural gas consumption. In the meantime, the country’s natural gas consumption dropped considerably, especially as a result of the shutting down of large industrial consumers.

 

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