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Back|Bad news for gas customers. Orlen has no doubts
Bad news for gas customers. Orlen has no doubts
Developing
RMF24·51 minutes ago·Energy·1 min read·

Bad news for gas customers. Orlen has no doubts

Quick Look

  • On Tuesday morning, gas prices in Europe rose to EUR 74.80/MWh due to concerns about low supplies ahead of winter.
  • Inventories in EU warehouses amount to 72.4%. compared to the 5-year average of 87.7 percent Orlen's vice president, Robert Soszyński, announced that negotiations are underway with the Energy Regulatory Office regarding the tariff for next year, and the decision on a possible application for an increase will be made in November or December.

AI-generated summary

Why It Matters

Gas prices in Europe are rising due to investor concerns about low supplies ahead of winter. Natural gas stocks in EU warehouses amount to 72.4%, while the 5-year average for this time of year is 87.7%.

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On Tuesday morning, gas prices in Europe were rising - benchmark contracts for this fuel in Amsterdam increased to EUR 74.80 per megawatt hour.

The media note that the reason for the rising gas prices is investors' concerns about low supplies of the raw material before the upcoming winter. Natural gas reserves in EU warehouses amount to 72.4%. compared to the 5-year average at this time of 87.7%.

Let us recall that European countries need to obtain more supplies of this gas at a time when its global supply is still limited, which exposes energy markets to further price increases.

"We are starting the process of agreeing tariffs for next year with the Energy Regulatory Office"

The rising price of gas in Europe is certainly not good news for Polish consumers of the "blue fuel". It is still not known what the gas tariff will be for next year, but it is possible that Orlen will apply to the Energy Regulatory Office for an increase.

As for what will happen to the tariff, MyOrlen is obliged to agree the tariff with the Energy Regulatory Office every year. Ultimately, whether the tariff for next year will be higher and how much higher than now, we will not answer this question at the moment, because we are not able to say it today - said Robert Soszyński, vice-president of Orlen, at a meeting of the parliamentary committee on energy, climate and state assets.

He added that Orlen will be able to precisely answer the question about the application to the Energy Regulatory Office in December or at the end of November. Today it is still too early, we are starting the process of agreeing tariffs for next year with the Energy Regulatory Office - he said.

What to Watch

AI outlook — possibilities, not facts

  • Orlen will submit an application to the Energy Regulatory Office for an increase in the gas tariff for next year

    Possible · Within months

Open Questions

  • ?What will be the final gas tariff for next year?
  • ?Will Orlen actually submit an application to the Energy Regulatory Office for a tariff increase?
  • ?By what percentage will the tariff be increased if approved?

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This article was originally published by RMF24.

Quick Look

  • On Tuesday morning, gas prices in Europe rose to EUR 74.80/MWh due to concerns about low supplies ahead of winter.
  • Inventories in EU warehouses amount to 72.4%. compared to the 5-year average of 87.7 percent Orlen's vice president, Robert Soszyński, announced that negotiations are underway with the Energy Regulatory Office regarding the tariff for next year, and the decision on a possible application for an increase will be made in November or December.

AI-generated summary

Story signals

News tone
Negative
Emotional intensity
High
News value
Moderate
Global impact
Global
Urgency
Developing
Follow-up likelihood
Likely
Relevance window
Weeks

Source & Reliability

Source
RMF24
Story type
Hard news
Source quality
Full
Published
51 minutes ago
View original
gas
price
ure
gas
Robert Soszyński
Orlen
Energy Regulatory Office (URE)
Amsterdam
European Union
Poland
price
ure
orlen
tariff
spare
winter

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