Gazprom accepted on Romanian OPCOM market

The UK Gazprom Marketing & Trading Ltd subsidiary, owned by the Russian energy giant Gazprom, was granted the right to trade electric power on the bilateral agreement market for the power exchange of Romanian power market operator (OPCOM), daily Financiarul informs.

This comes shortly after the visit of the second most important person of Gazprom, Aleksandr Medvedev, to Bucharest in order to negotiate the Russian company's expansion in Romania, the quoted daily informs. The source also mentions that one of the set targets is the building of gas power plants.

OPCOM has the power market administrator role, according to the provisions of the legislation in force, providing an organized framework for the development of commercial trades on the wholesale power market, under consistency, correctness, objectivity, independence, fairness, transparency and non-discrimination conditions.