The Romanian Commodities Exchange (BRM) asks authorities to avoid “artificial monopolies” in gas transactions

BRM says it has the only platform that companies can use to trade natural gas and asks authorities to avoid creating “artificial and inefficient monopolies” by appointing a single entity to carry out such transactions. “We have the latest generation gas trading system. It is fully digitized and equipped with a performing security system. (…) We are convinced that authorities will act to avoid artificial and inefficient monopolies, by recognizing the realities in the market and allowing traders to interact in the best way, without generating price distortions or suspicions of non-transparent practices”, BRM President Septimiu Stoica stated in a release. OPCOM energy exchange, owned by the state-owned company Transelectrica Bucharest, has been trying for several years to create a gas trading platform.