Every summer, European countries amass natural gas in preparation for the winter season. This year, the energy market has made the process more complicated, and according to The Guardian, the continent is currently on course to enter the cooler months with gas stores at their lowest level in 13 years.
For its part, Romania aims to reach a storage level of 80% by October 1, amid a difficult context marked by a significant increase in natural gas prices, which have reached their highest level recorded since December 2022.
During a meeting held yesterday at the headquarters of the state-owned gas network operator Transgaz, operators with stock-building obligations confirmed that they are on track to achieve the 80% target. The meeting was attended by Transgaz CEO Ion Sterian, representatives of ANRE, natural gas producers and suppliers, distribution system operators, as well as institutions with responsibilities in the energy sector.
The Energy Ministry, in turn, confirmed it is closely monitoring the evolution of the storage process so that Romania enters the cold season with an adequate level of reserves and all necessary measures in place to ensure continuity and security of natural gas supply.
“Preparations for the winter of 2026-2027 are taking place amid a difficult European context, marked by a sharp increase in natural gas prices and lower storage levels than in previous years. In recent days, European TTF prices have reached the EUR 83-84/MWh range, almost three times the level at the beginning of the year and the highest level recorded since December 2022. The evolution is driven, among other factors, by geopolitical tensions, difficulties on the global LNG market and the low level of European storage,” the ministry said in a press release.
The institution also stated that security of supply during the cold season remains a priority, alongside maintaining a sustained pace of storage in the coming weeks.
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