Russia might increase by up to 7pc gas prices charged on 2008 natural gas deliveries to Romania

The Russian Federation might increase by up to 7 percent the price for its 2008 natural gas deliveries to Romania, which would mean up to $20 per 1,000 cubic metres, Russian trade representative in Romania Igor Sidorov told Rompres. According to Sidorov prices for Russian gas advanced up to $70 in 2007.'The price charged for natural gas delivered to Romania is currently standing at $280-300 per 1,000 cubic metres. In 2007, it went up by $50-70. The rising price trends will continue in 2008. ...

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