Acasă » Oil&Gas » Consumers » Natural gas consumption ”basket” may be removed this fall

Natural gas consumption ”basket” may be removed this fall

27 March 2014
Bogdan Tudorache

Companies complain that they do not have predictability on gas bills, as the market regulator (ANRE ) sets monthly a “basket” of consumption, according to Bursa. The “basket” constitutes, in fact, the proportion of the domestic and Russian gas they consume, and authorities are considering eliminating it by fall, according to sources quoted by Bursa.

Thus, companies will be free to buy gas at any rate they want.

The source said: “The main concern of the authorities is that once basket abolished , consumers and suppliers have non-discriminatory access to domestic gas . Danger is for some more powerful to seize the domestic gas, which is cheaper than the imported one. So emerged the idea of transparency of transactions with natural gas.”

Within the market, opinions are divided about gas transparent transactions. Some say that compulsory trading on the exchange should be introduced for only a third of the quantities available on the open market, while others sustain the full transparency achieved this spring, to avoid situations of concluding long-term contracts.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.


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