Natural gas price keeps rising at Bucharest commodity exchange
<p>The price of natural gas continued to rise on January 14 at Bucharest commodity exchange BRM due to the cooling weather and uncertainties regarding the long-term functionality of the only gas pipeline that still transports Russian gas to Europe, TurkStream.</p>

<p>The price exceeded the threshold of RON 300 (EUR 60) per MWh for the first time in almost 2 years,<a href="https://www.profit.ro/povesti-cu-profit/energie/grafice-pretul-gazelor-a-sarit-de-300-lei-mwh-pe-brm-fiind-peste-cel-din-austria-romania-a-redevenit-importator-net-21897370?mc_cid=3843de413b&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank"> Profit.ro</a> reported.&nbsp;</p>

<p>After a long period of being a net exporter of gas, Romania became a net importer again on Tuesday, January 14.</p>

<p>On Tuesday, a large quantity of gas was traded on the intraday market, 12.6 GWh, up 65% compared to the previous day, at a record average price of the last 2 years of RON 305 per MWh.</p>

<p>While on the BRM the gas price for the day-ahead market was EUR 58.7 per MWh on January 14, on the most important regional market, the Austrian CEGH, it was EUR 8.4 lower, at EUR 50.3 per MWh.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com" rel="noopener" target="_blank">Sasa Maricic/Dreamstime.com</a>)</em></p>