National Gas Company Romgaz signed with GDF Suez Energy Romania a contract worth 44.442 million lei, VAT included, for the provision of underground storage services for natural gas, according to the current report of Romgaz, sent on Tuesday to the Bucharest Stock Exchange (BSE).
The contract runs between April 16, 2015 – April 15, 2016, and in case of failing payment dates, daily penalties of 0.03% will be added, according to Agerpres. According to the National Regulatory Authority for Energy (ANRE), the minimum gas stocks that the 63 licensed providers are obliged to create in underground storage until October 31, 2015 amounts to 18,727,000 MWh.
Minimum stock prescribed for household customers is over 7.535 million MWh, the largest amounts to be set up by GDF Suez Energy Romania and E.ON Energie Romania, of 3.606 million MWh, respectively 3.19 million MWh.
For producers of heat, only for gas quantities used to produce heat in cogeneration plants and heating plants for household consumption, is be constituted a minimum stock totaling 3.198 million MWh. The largest stock is to be constituted by Romgaz – 1.822 million MWh.
With regard to non-household customers, the minimum stock exceeds 7.992 million MWh, the largest quantities to be established by OMV Petrom Gas – 1.947 million MWh, GDF Suez Energy Romania – 1.674 million MWh, Interagro – 1.247 million MWh and Romgaz – 1.156 million MWh.