RO market regulator wants higher natural gas reserves, warns of uncertain imports

29/08/2019 09:05 Natural Gas


Romania’s energy market regulator ANRE drafted new regulations requiring natural gas producers and suppliers to build up higher reserves ahead of the cold season, quoting risks of “reduced” transfer of natural gas through Ukraine and limited capacities of the interconnectors with other states (Hungary and Bulgaria), according to a release published on August 27.

In a revised version of the release, ANRE erased the note on the possible interruption of imports from Russia through Ukraine, although this is likely the main reason behind the decision, reported.


It was for the first time Romanian authorities mentioned the imminent termination of the natural gas imports from Russia through Ukraine.


Gas transport system operator Transgaz has constantly stated Russian gas producer Gazprom has not informed it about discontinuing the deliveries as of January 2020. The contract between Ukraine and Russia expires at the end of this year and it hasn’t been renewed due to the political tensions between the two countries.


Daily (26.06.2020): German forward prices increased by over 2% on Monday tracking stronger carbon prices

26/05/2020 13:15:00

Oil markets were relatively quiet with no significant movements on Monday due to Memorial Day in US and Spring Bank Holiday in the UK. However, o firmer demand and output cuts lent support to prices.


Hard coal alliance proposes runtime extension for 'reserve' under Germany's phase-out - report

26/05/2020 11:49:00

An alliance of hard coal plant operators plans to achieve an expansion of the runtime of Germany's seven most modern hard coal plants by proposing to shift them into an "energy transition reserve" to back up intermittent renewable power production, Christian Geinitz reports for the Frankfurter Allgemeine Zeitung.


Orsted consortium plans offshore Power-to-X play

26/05/2020 11:31:00

Orsted and a consortium of Danish companies have formed a landmark partnership to develop an industrial-scale transport fuel production facility in the Copenhagen area that will be powered by offshore wind in the Baltic Sea.