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Energy Office to Propose Flat Gas Price

The Hungarian Energy Office will not propose that the gov’t raise the price of natural gas from the start of July, Energy Office official Laszlo Varro said yesterday.

Varro said the price of natural gas, factoring in supply and distribution costs, had remained unchanged; and, in any case, changes on the international market affect the domestic market with a delay of about nine months.

He added that the weak U.S. dollar actually makes natural gas cheaper in forint terms than it was two years ago.

(BBJ 28.v.04)

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