Wirom Romania Calls For 25% Consumer Gas Price Hike In ’08

Romania should increase natural gas prices by 25% this year, as they are too low and bring losses to gas suppliers, but the authorities are not willing to take this step because this is an electoral year, Wirom Gas Romania said Tuesday.Wirom registers losses when selling natural gas in Romania, because of the low prices established by the country’s energy watchdog, Wirom’s executive financial manager Illo Vogelhaupt said.Gas distributors E.ON Gaz Romania, the local unit of ...

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