The average daily price of gas with delivery on January 18 rose to 213.15 Romanian lei/MWh (832 Moldovan lei or 42 EUR/MWh), reaching the highest level over the last 7 days. The volume of 1.5 GWh was sold at the highest price of the day – 231 lei/MWh (902 Moldovan lei). Moreover, as for gas with delivery on January 19, despite the decrease in volumes (79 GWh), prices continued to rise, reaching an average of 232.7 lei/MWh (909 MDL), writes profit.ro.
The BRM bidding volume for the last 11 months reached a record high of almost 100 GWh (99.4 GWh to be precise, equivalent to 40% of Romania’s current production of 250 GWh).
The last time a larger trading volume was observed was in the second half of February 2025, when Romania experienced a similar period of cooling.
A higher price was recorded at BRM only in the second half of June last year, but at a volume of 5 GWh/day, not 100 GWh as was the case in the auctions on Sunday.
Since Romania has become a net importer of gas again, including from Hungary and not just Bulgaria, domestic prices in that country are higher than foreign prices, which is bad for Moldova, which buys gas mainly here.
Sunday’s gas price in Romania was 42 euros/MWh, 1.5 euros/MWh higher than the largest regional market, Austria’s CEGH, where it was 40.5 euros/MWh.
The growing demand from suppliers from neighboring countries is reflected in the increase in exports in recent days to Moldova and Ukraine.
While last week Romania exported about 5.6 million cubic meters to RM and 1 million cubic meters to Ukraine, on Sunday, according to Transgas, export volumes amounted to 6 million m3 to Moldova and 1.8 million m3 to Ukraine.
To cover domestic consumption as well as exports, Romania imports gas through all available interconnection points.
