Analysis: Tight competition on Romania's natural gas market

Romania's natural gas market has increased by 150 percent in value over the past four years.The estimated 2003 value was $2 billion, having gone up to $5 billion in 2005, mainly as a result of surges in domestic gas acquisition prices and gas imports.Started off in 2001, the opening up of the local natural gas market was fully completed on January 1, 2007 for all non-household consumers, according to data with the National Natural Gas Regulatory Authority (ANRGN).The three local natural gas ...

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