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Bucharest
December 8, 2021
BUSINESS

Romania, lowest natural gas prices in the EU at the end of last year

In the second half of 2014 Romania had the lowest price of natural gas for household consumers (EUR 3.2 per 100 kWh), less than half the average price in the EU-28 (EUR 7.2 per 100 kWh), according to the data published by the European Statistics Office (Eurostat) on Wednesday.

Adjusted to purchasing power standards (PPS), the lowest natural gas prices for household consumers were registered in Luxembourg (4.2 PPS per 100 kWh), Latvia (4.1 PPS), Great Britain (5.5 PPS), Belgium (5.8 PPS) and Romania (6.2 PPS), while the highest prices were registered in Portugal (12.8 PPS), Spain (10.5 PPS) and Bulgaria (10.3 PPS).

When it comes to the price of electricity for household consumers Romania was also among the countries with the lowest prices in the EU, with a price of EUR 12.5 per 100 kWh, lower prices being registered only in Bulgaria (EUR 9) and Hungary (EUR 11.5).

On the other hand, when adjusted to purchasing power standards, the lowest prices of electricity for household consumers were registered in Finland (12.4 PPS per 100 kWh), Latvia (13.7 PPS) and Luxembourg (14.2 PPS), while the highest prices were registered in Germany (28.2 PPS), Cyprus and Portugal (27.4 PPS each), and Spain (26 PPS).

 

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