Tag: gas price

Ministry of Energy for temporary suspension of gas price liberalization – Romania, 27 June 2016

Romanian Ministry of Energy has launched a public debate on a draft proposal for the suspension of gas price liberalization schedule between 1 July 2016 and 31 March 2017. The draft proposal also establishes a price of 13.2 euros/MWh for domestically produced gas used by households or thermal power plants. According to previously agreed price […]

Hungarian-Russian long-term gas agreement modified – Hungary, 20 June 2016

Hungarian Minister of Foreign Affairs Peter Szijjarto announced that the long-term gas agreement between Hungary and Russia has been modified during the International Economic Forum in St. Petersburg and that the prices were favorably changed for Hungary. Minister Szijjarto had a series of meetings at the Economic Forum: with Russian Minister of Industry and Trade […]

Imported gas will be 20 % cheaper than domestically produced gas – Romania, 13 June 2016

President of the Romanian National Energy Regulatory Authority (ANRE) Niculae Havrilet said that imported natural gas will be 20 % cheaper this winter than natural gas produced in Romania. At the Regional Energy Forum (FOREN), Havrilet explained that the possible losses for natural gas producers are a result of expected prices of natural gas on […]