Price of natural gas drops by 5 percent starting July 1
Thursday, July 2, 2009
The price of natural gas will drop by five percent starting on July 1, following a decision made by the National Regulatory Authority in Energy (ANRE). On the other hand ANRE estimates an average price of imported natural gas at 270 dollars1,000 cu m for the third quarter as against 370 dollars1,000 cu m, the price that was estimated for the second quarter. For the evaluation of the cost of imported natural gas they used the exchange rate announced by the National Bank of Romania on April ...