Croatian Gas Prices to Rise

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Croatians will pay more for natural-gas from 1 January 2010.

The Croatian media have reported the government has approved the request by Hungarian MOL, Croatian oil company INA’s majority owner, to raise the price by 0.33 kunas or 0.045 Euros per cubic meter.

In Zagreb, there will be a 13.6 per cent increase.

For preferred consumers, HEP, the National Electricity Company, Petrokemija and fertilizer company Kutina, the price will go up by 0.3 kunas or 0.04 Euros per cubic meter.

But, the real prices will be established by new Croatian Minister of Economy Djuro Popijac, who is responsible for lowering prices for end-users in negotiations with gas distributors.

Croatian national television has reported the price of electricity is also likely to go up.

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