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Gas price for household consumers to increase 6% on average, as of 1 October
26 September 2017, 6:05 PM

By Costin Buradu

The gas price for household consumers will increase on average 6 percent in Q4 2017, Chair of the National Regulatory Authority for Energy (ANRE) Emil Calota, who attended the meeting of the Industries and Services Committee of the Deputies' Chamber, stated.

'In terms of price development on the stock exchange, the transactions that were carried out from 1 April until now have had an average around the value of the liberalisation calendar which Romania took on starting 2011 with the European Commission, the World Bank and the International Monetary Fund, namely 72 lei per MWh. There have been transactions which stood at 68 lei, at 69 lei also, and, hypothetically, if Ordinance 64 hadn't existed (regarding the liberalisation of gas production price] we would have observed the calendar where the regulated price for Romania's gas producers was 78 lei, a price which goes far beyond the fresh gas offers from import,' the ANRE official explained.

He added that, taking into account all these data, the gas price for household consumers will increase 6 percent, on average, as of 1 October.

'The proposals that we currently hold in the portfolio, and which my colleagues of the Regulatory Committee have discussed, reveal that for quarter four, the average increase for consumers of the B1 category will be around 6 percent,' Emil Calota underscored.

In Romania, as of 1 April 2017, the gas prices of domestic production was liberalised.

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