E.ON Gaz To Ask ANRE For New Household Gas Price Hike At Yearned

Hajdinjak also said the import gas prices might increase to USD600 per 1,000 cubic meters in the last quarter of 2008, from its current level of USD480 per 1,000 cubic meters.

He sees the import gas prices to USD630 or USD640 per 1,000 cubic meters in the first quarter of 2009.

The household gas prices will be up by an average 12.5% as of July 1, on the costs increase in purchasing natural gas during January to June period, as well as in order to partially recover the price differences reported during that period, ANRE said in a statement Thursday.

Thus, the new household gas prices will be of 104.41 lei (EUR1=RON 3.6475)/MWh for E.ON GAZ Romania, up 11.6% from the current price, and of RON104.70/MWh for Distrigaz Sud Bucuresti, up 12.5% from the current one, ANRE also said.

The country’s two largest gas distributors E.ON Gaz and Distrigaz Sud requested ANRE to increase gas prices delivered to population by some 25% as of July 1.

E.ON had initially requested a 19% increase of prices on April 1, one percentage point higher compared with the 18% request made by Distrigaz Sud. The companies revised the gas prices hike demand to 25%, on the increase of international gas prices.

The last price increase of natural gas delivered to population was made on February 2, when prices rose 8.5%.

The Commission for Services and Industry with the Chamber of Deputies is making an investigation in the electric power field on the opportunity to increase natural gas and electric power prices in the last years, on the price settlement method and on the impact to the setting up of the integrated energy holding.

 

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