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

29/08/2019 09:05 Natural Gas

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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, Hotnews.ro 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.

Source: romania-insider.com

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