The Parliament of Romania has postponed planned deregulation of household gas prices by at least two and half years to July 2021. The Energy Minister explained that the postponement was necessary as average wages had fallen while gas tariffs had risen strongly. The average increase of the prices were about 8% in 2013 (Source Enerdata, Global Energy Data).
Romania is deregulating its power and gas markets progressively under a plan agreed in 2012 linked to an aid deal led by the International Monetary Fund and the European Commission. The Commission, which requires all member states to align their energy prices over a number of years, still have to approve the timetable change.
Source: Enerdata, Global Energy Data
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