e on gaz romania

Romanian gas providers Distrigaz Sud and E.ON Gaz Romania stated Tuesday they registered total losses of 180 million lei (EUR1=RON4.2348) in the first quarter, on the country’s Energy Watchdog ANRE postponing the decision to enforce new gas prices as of January 1.

Gas provider E.ON Gaz Romania, the local unit of Germany's E.ON AG (EON), registered losses worth of 38 million lei (EUR1=RON4.2348) in the first quarter, on the country’s Energy Watchdog ANRE postponing the decision to enforce the new gas prices as of January 1, the company said Tuesday.

E.ON Gaz Romania, the local unit of Germany’s utility E.ON, might ask natural gas importers to cut gas prices or gas imports, should Romania’s energy watchdog ANRE refuse the 19% hike in natural gas prices as of July 1, the president of the company’s administration council Achim Saul said Tuesday.