Platts proposes to launch Romanian PVT natural gas assessments

Platts, part of S&P Global Energy, proposes to launch natural gas price assessments for the Romanian Punctul Virtual de Tranzactionare (PVT) market, effective Dec. 1, 2026.

Romania is on course to become a top natural gas producer in the EU during 2027, at a time when the bloc is seeking to phase out imports of Russian pipeline gas and LNG. This is expected to increase liquidity in this emerging hub.

Platts proposes to launch the following assessments:

The price assessments would follow the Platts UK publishing schedule. The weekly assessments would be published on Fridays, or on the previous working day before a UK public holiday.

Platts would also publish monthly average assessments for the PVT day-ahead and PVT flow-date on the first day of the month following trade, in both Leu/MWh and €/MWh.

The foreign exchange rate for the Romanian leu against the euro would also be assessed daily at 1:00 pm.

The full description of the existing natural gas methodology in Europe can be found here.

Please submit any feedback, comments or questions about this proposal to eurogas_pricing@spglobal.com and pricegroup@spglobal.com by Oct. 13, 2026.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available on request.