Gas imports covered 31.4% of Romania’s consumption in the first three months, down from 34.5% in January through March 2011.
Romania imported 9% less gas in the first quarter compared with the same period a year ago, but at a 26% higher cost, ANRE data showed. The average price was $497 per 1,000 cubic meters of natural gas, from $395.6 per 1,000 cubic meters in the first three months of last year.
Romgaz Medias and OMV Petrom (SNP.RO) are Romania’s top two natural gas producers.