energy prices

Romanians should not expect electricity and gas prices to grow “in the near future”, since cost liberalization will develop gradually until 2015, according to Jeffrey Franks, the head of the International Monetary Fund’s delegation to Romania.

The two Romanian national power holdings will take out small companies activating on the local energy market, and the result will be a continuous increase in energy prices for end consumers, according to a survey drawn up by the Politehnica University of Bucharest.

Electricity prices in Romania will remain unchanged in the upcoming period, while gas prices will only be increased if the government grants financial support to household consumers, economy and finance minister Varujan Vosganian said Saturday.