Fondul Proprietatea argues planned gas price cap illegal, puts Romania's energy independence in jeopardy
Publicat:Putting a cap on gas sale prices runs counter to Romanian and European law and also jeopardizes Romania's investments and energy independence, Fondul Proprietatea (FP) said in a release this Friday.
Fondul Proprietatea voices "significant" concerns over the government's plans to cap the price of natural gas from the domestic production at approximately 70 percent of the current market price, as set forth in a draft Government Decision that was recently released by the Ministry of Public Finance.
"If adopted, the Government Decision would flagrantly breach already approved legislation,…
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