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Romanian Transgaz Gas Transp Tariffs Up 20.35% Jul ’08 – Jun ‘09

Romanian energy watchdog ANRE approved a 20.35% increase, at 1.15 billion lei (EUR1= 3.6561), of the total regulated tariffs charged by Romania's state-owned gas pipeline operator Transgaz (TGN.RO) for gas transport between July 1, 2008 and June 30, 2009.
Romanian Transgaz Gas Transp Tariffs Up 20.35% Jul ’08 - Jun ‘09
30 iun. 2008, 10:49, English

The 20.35% hike compared with July 1, 2007 – June 30, 2008, represents RON194.3 million, according to a Transgaz press release.

In the first quarter of the year, Transgaz reported a 14% revenue hike, at RON324 million, and a RON92 million profit, similar with the corresponding period a year earlier.

Gas transport is controlled by the state, through the Ministry of Economy and Finance.