Gas royalties in Romania will no longer be related to Austrian pricesStaff Writer | July 17, 2018
The National Agency for Mineral Resources (ANRM) is preparing to change the system: it will abandon the reference price on the Vienna Stock Exchange for the royalties’ formula and will also take into account the differences between the various deposits.
Energy One MWh of gas is traded on the Vienna Stock Exchange for EUR 23
Early this year, ANRM decided, by an order issued in February, that the reference price for natural gas extracted in Romania would be the one on the Vienna Stock Exchange, digi24.ro informs.
Currently, one MWh of gas is traded on the Vienna Stock Exchange for EUR 23, about RON 107, rather than RON 73.5/MWh, as was the average price recorded in Q2 on the Romanian Commodities Exchange (BRM). ■