Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Engie’s Stab: Petrom and Romgaz limit gas quantity...

Engie’s Stab: Petrom and Romgaz limit gas quantity on market, we are forced to import at higher price

October 31, 2018

The two Romanian gas producers, Petrom and Tomgaz, have limited the gas quantity delivered to the market, so the price has gone up and suppliers must import more gas from Russia, which is more expensive, the CEO of Engie Romania, Eric Stab, said on Tuesday. He explained that all of these will be reflected in the bills that are paid by the final consumers, which will have to be increased by the National Regulatory Authority for Energy (ANRE). “The price of gas on the market is rising due to several causes. Firstly, this occurs as a result of the fact that imported gas is more expensive, but also because there is not enough gas on the market put up for sale by the Romanian producers, Petrom and Romgaz. They simply say that they are out of gas,” Stab said. The Engie Chairman showed that the obligation of all suppliers to store gas for winter is added to these. “We hope that there will be more gas on the market in the first quarter of next year, because otherwise we will be forced to import even more, and the import price is rising, being linked to the oil quotations,” he said. Stab explained that this is also caused by the high prices on the energy market, which determined Petrom and Romgaz to direct more gas from their own production to the plants that they own in Brazi and Iernut respectively. The head of Engie declined to say what the price of the imported gas due to be delivered in winter, but he specified that he presented the ANRE the documents showing that the final price will have to be increased. Asked if Romania will have enough gas this winter, the Engie official replied: “I do not know, it depends on the winter, only God knows.” “We must be prepared. The Government must have an emergency plan, that will tell us what to do and how to intervene if need be, a plan which does not exist now,” he added.

Read in full - click here
Wizz Air announces its largest expansion in Romania for winter season 2025

Low-cost airline Wizz Air, a major operator in Romania, announced the largest expansion of its network in the country so far for the 2025 winter season on Thursday, August 14. The expansion includes 15 new routes from all over Romania to destinations in the EU. The new routes will connect Bucharest Otopeni, Cluj-Napoca, Iași, and […]

Declic Community contests appointment of controversial judge as president of Romania’s High Court

Social and political activists within the Declic Community have contested the appointment of controversial judge Lia Savonea as president of the High Court in Romania with the Superior Council of Magistracy, or CSM. The motion to contest Savonea’s appointment is based on several irregularities in the appointment process. The legal action is supported by a […]

The Yellow Tie: First look at film inspired by Romanian conductor Sergiu Celibidache, starring John Malkovich

The official teaser for The Yellow Tie/Cravata Galbenă, a biographical drama inspired by the life of famed Romanian conductor Sergiu Celibidache, was released on Thursday, August 14. The film stars John Malkovich alongside Miranda Richardson, Ben Schnetzer, Kate Phillips, Sean Bean, Anton Lesser, and Charlie Rowe. Covering more than seven decades, the film follows Celibidache's […]

Less than 1% of Romanian teachers pursue postgraduate studies, report shows

According to data from the Ministry of Education's report on the state of higher education in Romania, for the years 2022–2023, only 1,948 out of a total of 240,000 teachers in state education in Romania have completed postgraduate studies and courses. As such, only 0.8% of all teachers at the national level follow advanced forms […]

Romanian border police seize 473 suspected counterfeit phones worth over RON 3 mln

Romanian border police announced on August 13 that they had seized 473 mobile phones suspected of being counterfeit, with an estimated value exceeding RON 3 million. The discovery was made the day before, on August 12, during a routine patrol near the Nădlac border area. ...

Southern Romania: Craiova Shakespeare Festival 2026 to host seven performances from OFF Avignon Festival

Seven performances from the OFF Avignon Festival, one of the world's largest theater events, will be held at the International Shakespeare Festival in Craiova in 2026, following the establishment of a partnership between the two. The official launch conference of Shakespeare Of(f) Avignon, which took place at the Village du OFF, was attended by H.E. […]