The Minister of Energy, Dorin Junghietu, does not rule out a new increase in the price of natural gas, in the context of rising prices on the European market. According to him, the tariff that came into effect on September 1 only included part of the accumulated financial deviations, and at the current purchase prices, Energocom could accumulate new negative deviations, reports IPN.
The Minister of Energy notes that the price of natural gas on the European market has exceeded 75 euros per megawatt-hour. Dorin Junghietu explains this trend by the tensions in the Persian Gulf and the reduction of liquefied natural gas volumes available on the global market.
“This happens against the backdrop of hostilities in the Persian Gulf. Those 20% of liquefied natural gases that reached the global market from Qatar are still not available,” declared the minister.
Another pressure factor is the filling level of European underground storage facilities, which stands at approximately 66% of capacity. The ongoing need for injections into storage increases competition for available volumes. The Minister warns that additional pressure on the market could arise at the end of September, when the pipeline supplying Spain with gas from Algeria is due to undergo maintenance work.
The new tariff in effect from September for household consumers is 20.30 lei per cubic meter, 5.88 lei more than before.