Premium
The National Agency for Mineral Resources (ANRM) issued on Friday the order establishing that the reference price for natural gas extracted in Romania, depending on which the royalty owed by producers to the state budget will be calculated, will take into account the quotations of the Vienna CEGH stock exchange, according to a pres release of the institution.
Thus, the reference price for natural gas extracted in Romania will be calculated depending on the trading prices on the hub of CEGH Vienna, also known as Baumgarten, based on a computation formula achieved together with the Petrol and Gas University in Ploiesti.
