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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romgaz doubles price of natural gas sold to Bucharest district heating company

Romanian state-controlled natural gas company Romgaz will deliver natural gas to the power and heating plants in Bucharest at a price of RON 151 (EUR 30) per MWh, double the price it pays now, Economica.net reported.

The price is still good compared to the market prices. Nevertheless, the production cost of the heat will increase by about 60% and the final price paid by the households, which is heavily subsidized, by 20%. The mayor of the capital city must decide whether to increase the subsidy, or accept the increase in the price of hot water and heat paid by the households in Bucharest. Some 0.5 mln apartments are served by the Bucharest district heating system, which is heavily subsidized while losing a large amount of the heat pumped from its outdated plants through a network that is in desperate need of repairs.

(Photo: Pixabay)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romgaz doubles price of natural gas sold to Bucharest district heating company

Romanian state-controlled natural gas company Romgaz will deliver natural gas to the power and heating plants in Bucharest at a price of RON 151 (EUR 30) per MWh, double the price it pays now, Economica.net reported.

The price is still good compared to the market prices. Nevertheless, the production cost of the heat will increase by about 60% and the final price paid by the households, which is heavily subsidized, by 20%. The mayor of the capital city must decide whether to increase the subsidy, or accept the increase in the price of hot water and heat paid by the households in Bucharest. Some 0.5 mln apartments are served by the Bucharest district heating system, which is heavily subsidized while losing a large amount of the heat pumped from its outdated plants through a network that is in desperate need of repairs.

(Photo: Pixabay)

andrei@romania-insider.com

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