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News » February, 2011 » 1 February 2011

IMF Asks Romania To Liberalize Gas, Pwr Production Prices
01.02.2011, 12:51 | Energy | 886 views



The International Monetary Fund asked Romania to discard regulated prices for the production of electricity and natural gas and to draw up a new calculation formula in this respect.

"They asked us to verify the prices again, to liberalize them and to present a new calculation formula this year," Economy Minister Ion Ariton said Tuesday after meeting the IMF delegation in Bucharest.

Deregulating tariffs for electricity and natural gas do not necessarily lead to higher prices for household clients, the minister said.

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