Natural gas price could go up 5-8 percent this year

The Minister of Economy and Trade Varujan Vosganian said on last Friday that the natural gas price could go up 5-8 percent in 2007 if the ministry fulfills all its goals.'Our goal is to eliminate the cause of price increase and avoid this year an increase that could affect the living standard,' said Vosganian.The minister said that Romania needs an increased storage capacity to avoid a raise in imported gas.'Some 2-3 billion euros are needed for investment in natural gas transport, and 1 ...

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