Natural gas imports, 20 pc cheaper than domestic stocks this winter

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Natural gas imports will be 20 percent cheaper than domestic stocks this winter, Regulatory Authority for Energy (ANRE) President Niculae Havrilet said on Monday attending the 2016 Regional Energy Forum (FOREN).

He also mentioned the possible losses for this industry, resulting from expected prices of RON 70 /MWh for imports, and RON 80 /MWh for the natural gas from the domestic production stored by 1 July, and RON 86 /MWh for the amounts stored after this date.

According to the price liberalization calendar, natural gas prices should increase by 10 percent on 1 July; the suppliers of households will have to make a pool at the lowest price, and with cheaper imports, they will incur losses because of costs of building up stocks.

Havrilet nevertheless pleaded for continuing the liberalization, without setting up production prices. “Definitely, the end price of gas will not increase by 10 percent,” he pointed out.

The gas pool for households includes quotas of the current domestic production, stored gas, and imports. The ANRE sets these quotas to obtain the minimum end price.

Energy Minister Victor Grigorescu asserted last week that a technical analysis is necessary before halting the liberalization, to avoid useless debates, as the ANRE had asked in May for the abrogation of a Government Decision on the liberalization calendar.

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