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ANRE approves the spot gas market operations on OPCOM

The National Regulatory Authority for Energy (ANRE) has approved the functioning of the spot gas market on the OPCOM market, a press release informs on Wednesday.

“Today, September 20, 2017, the meeting of the ANRE Regulatory Committee took place, during which the procedures for making operational the Natural Gas Market for the Next Day (PZU-GN) under OPCOM administration. By using this new trading product, the market participants have the opportunity to trade products on short-term (1 day), an important step in diversifying the products needed for the development of the natural gas sector in Romania,” the document reads.

The set of approved documents is based on the new Regulation regarding the organization of trading on the centralized natural gas market administered by the Operator of the Electricity and Natural Gas Market OPCOM, approved by ANRE in June 2017 as a result of the OPCOM request to include PZU-GN among products available on the market.

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