Gas monopoly Gazprom announced last week that it would raise next year the price of natural gas for European countries by 15 percent.
However, the Baltic states expect that the rise will be about 30 ? 54 percent in 2007.
According to preliminary reports, Estonia will pay approximately $260 per 1,000 cubic meters (up 36 percent), Latvia some $220 (up 54 percent), and Lithuania up to $210 (up 30 percent).
Electricity rates in Latvia will jump 6 percent for households and 18 percent for corporate users beginning Jan. 1, while in Lithuania, households will see their gas bills rise 17 percent. Large consumers there will have to pay 19 percent more per 1,000 cubic meters.
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Baltics Will Pay to Gazprom More Than Western Europeans
Baltic states expect that Gazprom will raise gas price for them more than for the rest of Europe in 2007
