Hungarians to be hit with 13% gas price hike

Hungarians to be hit with 13% gas price hike


Hungarian oil and gas concern MOL announced on December 20 that the minister of economy and transport would increase the wholesale price of natural gas by an average of 13.1 percent from January 15, 2005.
MOL noted that the gas price increase was generated due to the continuous increase in the import gas price, Interfax reported. According to the company’s calculation, if the import gas price and foreign exchange rates develop in line with expectations, the current gas price increase, in line ...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now