Romanian Parliament May Annul Social Gas Fund

The Romanian Parliament may annul the social gas fund established earlier this year based on an agreement with Romania’s gas producer Romgaz Medias and the country’s largest vertically integrated oil company Petrom, aiming to provide financial support to 850,000 families for paying gas bills.The Government passed in February an emergency ordinance setting up a social gas fund to help low-income persons pay gas bills, based on an agreement with Romgaz Medias and Petrom, which ...

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