Gas Bills Should Rise 10% In 1Q – Distrigaz Sud

Natural gas prices for end-users should rise 10% in the first quarter of 2008, if the methodology set up by Romanian energy watchdog ANRE, comes into force, gas distributor Distrigaz Sud, majority-owned by French utility Gaz de France, said Tuesday.ANRE has not published the new tariffs yet but it might announce them on February 1. Following the delay in publishing the new gas prices, Distrigaz Sud said it reports daily losses of 1.5 million (EUR1=RON3.7202).The company’s representatives ...

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