Romania, Engie waives the status of the supplier of last resort

, SEE Energy News

Engie Romanian has notified the National Regulatory Authority for Energy (ANRE) that it will waive the status of a supplier of last resort as of 15 December.

According to the company, the decision to withdraw was taken in view of the unprecedented evolution of natural gas prices and the context of uncertainty generated by the impossibility of anticipating the takeover of customers of these suppliers and ensuring the necessary quantities of gas for them.

In just two weeks, Engie Romania took over approximately 20,000 customers from the portfolio of three suppliers, who withdrew from natural gas supply business and returned their licenses.

The statement from the company said that it understands the current difficult context and wants to have a prudent and responsible approach, which will ensure the continuity of the natural gas supply of the Engie Romania portfolio, consisting of some 1.9 million customers.