No natural gas price hike on May 1st

(Source: Heartland Energy Development Corporation)

Bucharest – The natural gas tariffs for household consumers will not be modified starting on April 1, since the representatives of the National Energy Regulation Authority (ANRE) have yet to finalize the discussions on a possible price hike that the gas suppliers had asked for, sources from within ANRE have stated yesterday for Rompres. According to them, the discussions will continue in the following days, with a possible modification to the natural gas tariffs set to be operated next month.

Gergely Olosz, the ANRE President, had stated last Thursday that the natural gas suppliers had asked the Authority to hike the natural gas price for household consumers by 8 to 10 per cent starting on April 1. They justified their demand with the unexpected import bills’ hike. Olosz added that ANRE has asked the suppliers to present supplementary documents in that regard, with a decision set to be taken afterwards.

In early March the ANRE representatives stated for Rompres that the price of imported natural gas will rise in Q2 of 2008, and that some calculations show that the price of imports could grow by up to 13.5 per cent to a level of USD 420 per one thousand cubic meters. According to the quoted sources, the price of domestic natural gas could remain unchanged for the rest of 2008.

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