Gas price on Romanian market exceeded the price of imported Russian gas – Romania, 14 May 2019

The price for locally produced natural gas traded on the Romanian market equaled in March that of the Vienna gas hub and exceeded the average price of the gas sold by Russian Gazprom. This was mainly an effect of the emergency ordinance adopted in late 2018, which has disturbed the gas market. In Full article […]

ROPEPCA is against gas reference price based on CEGH – Romania, 12 February 2018

The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) said it still stands against the decision of the National Agency for Mineral Resources (ANMR) which approved the methodology for establishing the reference price for natural gas extracted in Romania. ROPEPCA said in a press release that Romanian natural gas producers have so far paid the […]

Gas reference price to be based on CEGH price – Romania, 9 February 2018

The Romanian National Agency for Mineral Resources (ANMR) issued the order by which the reference price for natural gas extracted in Romania, according to which the royalties paid to the state budget by the producers will be calculated, will take into account the quotations from Central European Gas Hub (CEGH) in Austria, the leading hub […]