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Natural gas price may grow 12%

de Radu Rizea
Miercuri, 5 martie 2008, 14:57 English | Business

The price of natural gas may grow through the second quarter of the year between 8 and 12%. The price increase is motivated by the import price growth up to 420 dollars per 1,000 cubic meters, from the current price of 370 dollars, a DISTRIGAZ Sud manager informed.

33% of the natural gas provided by the company comes from imports. DISTRIGAZ Sud negotiates with ROMGAZ the signing of a deal for gas provisioning for the following 3 years and hopes for an even longer contract with Petrom.

The natural gas price also increased 8.5% on February 1. 

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