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Gas Prices To Hike In Oct On Higher Imported Russian Gas Price – Distrigaz Sud

The price of natural gas will hike in October on the backdrop of an expected price increase of the gas imported from Russia, an official of gas distributor Distrigaz Sud said Tuesday.
Gas Prices To Hike In Oct On Higher Imported Russian Gas Price - Distrigaz Sud
16 sept. 2008, 11:34, English

The official did not provide further details related to the price increase.

Gas distributors E.ON Gaz Romania, the local unit of Germany’s giant E.ON, and Distrigaz Sud, majority-owned by French utility Gaz de France, already asked Romanian energy watchdog ANRE to hike natural gas prices for household consumers by some 10% as of October 1.

ANRE will analyze the gas distributors’ requests.

In its most recent adjustment, the Romanian energy watchdog increased household gas prices by an average 12.5% on July 1.

At that time, the two companies said the 12.5% gas price hike announced by ANRE covers only part of their costs and that they will ask for a new gas price increase as of October 1.