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E.ON merges its gas suppliers for population and companies

1 July 2020
Electricity
energynomics

E.ON initiated the legal procedures of merging of the two natural gas suppliers it owns in Romania, by absorbing E.ON Gaz Furnizare, specialized in supply for regulated domestic customers, by E.ON Energie, gas supplier for consumers of free market gas, but also of electricity, being a supplier of energy of last resort in eastern Romania, in the network area operated by the distributor Delgaz Grid of the same group E.ON.

Basically, it will come back to the situation before the fall of 2017, when E.ON Energie was separated from E.ON Gaz Furnizare by division, which took over the activity of gas supply to regulated domestic consumers, precisely due to the fact that the two markets, gas and energy for the population, were at that time in different stages of liberalization, according to Profit.ro.

Now, the two companies will be merged by absorption under the umbrella of E.ON Energie, in view of the liberalization of gas supply for the population from July 1. Both are controlled by the German group through E.ON Romania SRL, the Ministry of Economy holding 31.82% of the capital in each.

“With a view to eliminating regulated supply prices, all household customers will be able to exercise their right of eligibility by choosing a natural gas supplier with which to conclude, by 30 June 2020, a contract for the supply of natural gas on a competitive basis. Therefore, in these market conditions, the existence of a separate entity for the supply of natural gas to regulated consumers is no longer justified”, it is shown in an official document of E.ON.

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