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Archives for : Analize

BRUA, to be or not to be!

Over the past few weeks, a true hysteria has sparked regarding BRUA project, the gas pipeline that should carry the gas from the Black Sea, proving once again that we are able to open a debate in the natural gas sector only when a scandal breaks out. The difference between debate and scandal is that, following the scandal, to a large extent, the projects have stopped.

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The 7th Gas Network Code in Romania

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Energy strategies in black and white

We are witnessing in this period a rewrite of Europe’s energy map. This process, started about 10 years ago, follows two large approaches, the media persuasive projects (we are witnessing a suffocation with such projects) and the real projects. Increasingly more countries understood the success of this approach and are playing it, based on an unlimited resource: politicians and politruks. These social categories, reaching important public positions, have proven to be the best modality to promote and disseminate the energy projects cleverly placed in the media, by those who want the real projects to be achieved.  Enthusiastic about the opportunities they have identified, the politicians are wiping their sleeves and getting on with it, becoming the perfect tools for building the future, true, Energy Europe. Analyzing a recent report of ENTSOG (the European Network of Transmission System Operators for Gas), in the section of the Southern Gas Corridor, the Development Plan for 2017-2026, the following statement drew my attention: “The report comes at a time when, on the one hand, the first large projects that have been initiated have entered well in the construction phase – TAP (Trans Adriatic Pipeline), and on the other hand, South Eastern Europe is facing the uncertainty created by a large number of initiatives on regional projects for the formation of vertical (south-north) and horizontal (east-west) corridors”. Torpedoing some projects and putting others on the table has lately become possible, easy and cheap through the “SPA of politicians”, who are eager to show the electorate the many projects they support, sometimes being in the position of making the games of others, often unconsciously. If we follow ENTSOG report, we can only wonder about the large inventory of projects launched in southern Europe. Here, we find in Southern Europe 131 projects, of which 20 FID (Final Investment Decision) projects and 110 non-FID (without the existence of a Final Investment Decision) projects.

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Do we need a Network Code in Romania?

The gas sector is characterized by numerous failures, dissatisfactions, abuses, disorientation etc. The fact is that Things must change. But how? What? Where? Who? When? Any vision on the gas sector has to start from the need to rebuild it, from scratch, step by step, by placing the TRANSACTION in the center of the future construction of the new gas sector. The Intelligent Energy Association last year launched a country project called Starting over in the gas market in 10 steps, in order to build a real market and remove the pseudo market that is first of all detrimental to gas consumers. Today, within the Round Table Meeting organized by the Intelligent Energy Association together with the Energy-Center.ro publication, with the topic: “We can have a fair gas price only with an objective Network Code and a functional market“, carried out at the Chamber of Commerce and Industries of Bucharest (CCIB), the participants answered 3 essential questions:

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Hungary – Romania, 7-0 score in the gas sector

A statement of the Hungarian Foreign Minister, after a high-level meeting in Romania, highlighting the exclusive interest to purchase gas from Romania, but through a pipeline built by Romanians, basically certifies the lack of interest in BRUA project. As Hungary is a country that over time has proven a high pragmatism and has pursued its national interest, I propose that we review the relationship between Romania and Hungary in the gas sector.

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First lessons at EU level, after the incident in Baumgarten

Seen as the safest, most performing, efficient, flexible and environmentally friendly gas facility in Europe, Baumgarten, a reference in the European gas industry, was the scene of an incident that caused the biggest emotion in the gas market in the history of natural gas. An emotion that has resulted in an instantaneous increase in gas prices in some SPOT markets, but also an immediate reaction of Italy by declaring, too easily, the state of emergency etc.

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Surprise! After electricity, gas could also reach a historic price this winter

Never say never. I said just a while ago that this winter gas prices for end-consumers wouldn’t grow by more than 15% compared to the average price in the warm season. The statement was based on the price established through the transactions concluded on the exchange during summer with delivery in winter and which showed an increase by around 7% in the price of gas from domestic production, added to which was the storage cost and the import cost for days with peak consumption. Surprise! As a year ago electricity prices have gone crazy, now gas prices also show signs that they follow the steps of electricity prices in the previous year.

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Gas market does not necessarily need several gas exchanges, but it certainly needs competition, transparency and non-discrimination

A year has passed since ANRE had to issue a series of Implementing Rules for Law 123, amended by GEO 64/2016, proposing certain principles underlying the future regulations. Unfortunately, these proposed principles were limited only to the centralized market, which is only a small part of the gas market, without including the principles necessary for the functioning of the gas market as a whole.

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The GEO 64 saga or how chaos surged in the gas market

GEO 64, amending the gas law, although it has received the endorsements from all the Senate and Chamber of Deputies committees in the form approved by the Government, hasn’t been validated in Parliament, as a result of the position of the Committee for Industries and Services of the Chamber of Deputies, on the need to include amendments to the gas law in GEO 64, diluting the provisions of transparency, competition and non-discrimination, i.e. those that would ensure the functioning of the market.

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Gas supplies to certain consumers will be interrupted! Complicity or incompetence?

An unbelievable threat came several days ago from the committee of investigation into the gas market, in which the representative of the largest gas supplier in Romania showed that the only solution next winter was to stop gas supplies to certain consumers. Surprisingly, there was no reaction to this statement. Nobody showed that such a practice would be illegal. Why? Maybe because the truth is always in the middle: 50% complicity / 50% incompetence.

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