Gas producers, bound to sell 35 pc of the output on the stock market

Natural Gas Flames

The National Authority for Energy Regulation (ANRE) has published in the Official Monitor the order demanding the natural gas producers to sell on centralised gas markets in Romania at least 35 percent of the output in 2015. The obligation will be valid for the next years as well in lower proportions. Without infringing the obligations provided by other normative documents and contracts, according to the current legal provisions before November 15, 2014 and expected to cease on December 31, 2014, the producers of natural gas – titleholders of oil agreements, are bound to conclude transactions on the natural gas stock markets in Romania, in a transparent and non-discriminating way, to sell a ratio of the yearly natural gas output for the domestic consumption as follows: 35 percent in 2015, 30 percent in 2016, at least 25 percent in 2017 and at least 20 percent in 2018, the order reads.

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December/January 2015

June 2017