“The price increase considered the following factors: the increase in prices of current domestic production from RON53.30/MWh to RON60.00/MWh, with an impact of nearly 6.5%; including the percentage of imported gas during winter, with an impact of nearly 1.5%; including the quantities of gas to be extracted from storage deposits during winter, with an impact of nearly 4.5%; the decrease in the unitary transport costs, with an impact of nearly -1.5%”, ANRE said in a statement.
Gas prices for household consumers and thermal power producers will rise to RON60/MWh from RON53.3/MWh as of July 1 and will continue to rise by RON6 a year in 2016 and 2017, under the deregulation calendar the government approved Wednesday.
Gas prices will be re-discussed in April 2018 but the calendar stipulates similar gradual price increases until 2021.
Romania deregulated its gas market for companies as of January 1, 2014.