The commission led by Iulian Iancu decided within five minutes to considerably increase gas taxation also in the onshore sector. Prices paid by end-users may increase by 30%

In spite of the rhetoric of supporting the indigenous population in the process of price convergence with the European ones, Parliament is doing everything possible to make this process as fast as possible for higher tax revenues to the budget. The last example: the decision of the Chamber of Deputies’ Industry Commission, led by Social Democrat Iulian Iancu, to eliminate the deduction of the royalty and limit the 30% deductibility of the investments recognized in the calculation of the income tax on the deregulation of onshore gas prices, which in addition will not be calculated at the actual price obtained by the producers, but at the one on the Vienna Stock Exchange, to which the royalty is also calculated.

Source: Profit, Economica

Romgaz will produce and deliver more gas to the domestic market by the end of this year

Romgaz’s gas production will grow by the end of this year, with the increase in production from the huge greenhouse, recently discovered in the Caragele area, according to a company press release, AGERPRES said on Wednesday.The Caragele field supplies 700,000 cubic meters of gas per day to the system, and the trend is to increase production by mid-December to 1,000,000 cubic meters per day when the 16 kilometer collector is completed and put into operation . Depending on the outcome of the research wells, estimated daily production may increase from 2020 to 1,700,000 cubic meters per day.

Source: Agerpres, Hotnews, Profit

Energy Minister does not know how to protect vulnerable consumers: „Take a look at the energy strategy!”

Energy Minister Anton Anton did not know how to answer the question of how to protect vulnerable energy consumers and recommended that journalists read the energy strategy to find the answer, a document that does not provide for such a measure. Anton attended the Energy Charter Conference, which gathered ministers and energy sector officials from over 30 countries, on Wednesday morning. Romania holds the chairmanship of the Energy Charter Conference during this period, and the first of the issues assumed by our country in this posture is the eradication of energy poverty.

Source: Agerpres, Digi 24

Sterian (Transgaz): The BRUA pipeline has nothing to do with the Black Sea gas

The BRUA gas pipeline will be completed on December 31, 2019 and will have no connection with the Black Sea gas, but it will carry the resources that will come from the Caspian area through the trans-Adriatic pipeline and through the vertical corridor, the general manager said on Wednesday of Transgaz, Ion Sterian, present at the Aspen Energy Summit held in Ploiesti. „On December 31, 2018, we will have the first completed station, Jupa, one year earlier than the commissioning of the pipeline, 31 December 2019. On July 30, we will have the second compressor station at Podişor, in October next year, the third compression station, the one at Bibesti, „Sterian said. According to him, the import-export capacity with Bulgaria will be 1.5 billion cubic meters per year and the one with Hungary, of 1.75 billion cubic meters per year.

Source: Agerpres, Economica