Trade

Until the convergence of prices is reached and for the insurance of equal access of all consumers on the Romanian market to cheap natural gas sources from the domestic production, the supply of gas to the consumers is carried out according to ANRE Order no. 15/2013 as an import/domestic gas mixture monthly established according to the different consumer categories (households and thermal power generation for the population and non-households).

Law no. 123/2012 sets the legal framework to converge the domestic gas price to the import gas price. Government Decision no. 22/2013 provides for a calendar of domestic gas price increase with respect to the regulated market.

 

 

Additionally, ANRE Order no. 24/2013 sets rules and domestic gas allocation methods for the priority covering of the demand on the regulated market, and the volumes required for the minimum inventory as applicable for the regulated segment.

Romgaz is an important player on the European natural gas market. The Company has continued its trading policy, focusing on the development of methods for identification of needs and meeting the demand on the natural gas market. Import sources diversification and the increase of stored gas quantities allow Romgaz to offer higher security and safety of gas supply as compared to its competitors.