Price of Romanian natural gas has become 33 pct higher than import gas price, in June

09/07/2019 09:11 Natural Gas

news

The price of natural gas domestic production has increased by 33 percent as compared to that of import gas in June, according to data published by the Romanian Commodities Exchange (BRM) and analyzed by AGERPRES.

Thus, in June, the Romanian gas price was the same as in May, namely 101.24 lei per MWh, the highest monthly average ever recorded on the commodities exchange.

 

This despite the fact that, as a rule, the gas price is low in June, as consumption is low. For comparison, in June 2018, the domestic gas production price was 75,13 lei per MWh, and in July 2017 it stood at 63,74 lei per MWh.

 

At the Vienna Gas Exchange, the CEGH Front Month Index for June 2019 dropped to the equivalent of 76.51 lei per MWh, from 81.56 lei per MWh in May.

Source: stiripesurse.ro

Daily (31.03.2020): Oil prices plummeted to 18-year lows on Monday as demand suffers an unprecedented decline

31/03/2020 10:51:00

Crude oil prices crashed to fresh 18-year lows on Monday as growing fears over the coronavirus pandemic eroded demand, while the Saudi Arabia-Russia price war threatened to overload the market. Brent crude collapsed by 8.7% to close at $22.76 a barrel, the lowest settlement since November 2002. Meanwhile, the U.S. WTI crude plunged by 6.6% to end at $20.09 a barrel.

<READ MORE

Vestas wins 109MW French fancy

31/03/2020 09:28:00

Vestas has secured a turbine order totalling 109MW from an undisclosed customer in France for an unnamed wind farm.

READ MORE

Poland State Gas Distributor Says It Wins $1.5 Billion From Russia's Gazprom In Price Dispute

31/03/2020 09:23:00

Poland’s largest distributor of natural gas has announced it won a years-long energy-supply price dispute with Russia’s state-run Gazprom worth $1.5 billion at an international arbitration court in Sweden.

READ MORE