gas price

Natural gas prices will not be increased as of October 1, Romania’s Economy and Finance Minister Varujan Vosganian said on Thursday, before attending a press conference.

Romanian gas distributor Distrigaz Sud requested on Monday a 12% increase for household gas prices as of October 1, due to higher distribution costs, the president of the industry commission within the Chamber of Deputies, Iulian Iancu told Mediafax.

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.

E.ON Gaz Romania, the local unit of Germany’s E.ON Gaz, will ask Romania’s Energy Authority, or ANRE, for a new household gas price increase at yearened, in order to cover losses, the company’s director general Frank Hajdinjak said Monday at the hearings of the Commission for Services and Industry.

Gas distributor Distrigaz Sud, majority-owned by French utility Gaz de France, said Friday that the 12.5% natural gas price hike announced by Romania’s energy watchdog ANRE covers only part of the company’s costs, so that the company will have to adopt a more drastic approach towards bills payment.

Romania’s largest oil company Petrom SA (SNP.RO) hiked Monday gasoline and diesel oil pump prices by 0.12 lei (EUR1=RON3.6632) per liter, after a similar price hike last week, the company said in a statement.