A MOL-controlled company and a subsidiary of Austria's OMV oil group in August and September joined the exclusive club of natural gas importers, which had so far been made up of only two members, both Russian-held companies.
Thus, once the Arad-Szeged pipeline started operating, MOL Trade Energy, the gas selling company of Hungary's MOL oil group, and EconGas, a subsidiary of OMV group, specialised in natural gas trading on several European markets, started bringing gas from Hungary to Romania, according to the data included in the latest reports of the Romanian Energy Regulatory Authority (ANRE).
Up until now, Romania imported gas only through pipelines transiting Ukraine and that was exclusively brought through two intermediaries that have contracts with Gazprom Russian giant until 2030.
Considering Romania last year consumed 13.2 billion cubic metres, of which around 2 billion cubic metres came only from Russian imports, the several tens of million cubic metres coming through Arad-Szeged are not raising major problems for the Russian for now. Still, the emergence of some new gas importers is a good sign, especially as the price of gas coming through Arad-Szeged is lower than the one Romania pays for the Russian gas.
A MOL-controlled company and a subsidiary of Austria's OMV oil group in August and September joined the exclusive club of natural gas importers, which had so far been made up of only two members, both Russian-held companies.
Thus, once the Arad-Szeged pipeline started operating, MOL Trade Energy, the gas selling company of Hungary's MOL oil group, and EconGas, a subsidiary of OMV group, specialised in natural gas trading on several European markets, started bringing gas from Hungary to Romania, according to the data included in the latest reports of the Romanian Energy Regulatory Authority (ANRE).
Up until now,
