Romania’s ANRE Might Keep Current Gas Price By 3Q ’09

The current gas price might be kept in Romania until the third quarter of 2009, when it might slightly go down due to lower crude oil and imported natural gas tariffs, Gabriel Sarbu, head of the Price Department within the country’s energy watchdog ANRE, said Wednesday.

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"We might keep the gas price by the third quarter, there are several options. For 2009, we forecast a decrease in the imported gas price," Sarbu told MEDIAFAX.

ANRE’s interim president Nicoale Opris said the institution and the market operators are looking for a compensation formula that might keep the current gas prices.

In September, ANRE officials said the price of natural gas will remain unchanged by the end of the year. They said the tariffs might even drop in the second part of 2009.

The most recent increase of the household gas price took place on July 1, when the tariffs rose by 12.5% in average.

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