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Romanian Govt Cannot Decide Gas Prices - PM
02.02.2011, 20:16 | Energy | 864 views
Romanian government does not have the competence to set up prices for natural gas, given that the energy regulatory authority ANRE is an independent institution, but it can only interfere in abuse cases by indirect check-ups, Prime Minister Emil Boc said Wednesday. The government is in negotiations with the International Monetary Fund, but does not have the competence to establish gas tariffs for the local producers. On Tuesday, IMF asked Romania to renounce to the regulated price for the production of electricity and natural gas and to draw up a new calculation formula in this respect. Read more on Mediafax.ro
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