The distribution of heating oil will start tomorrow Friday, while its price has been fluctuating sharply in recent days
Sta 11 minutes per kilowatt hour the price of natural gas for domestic consumption is formed in October, according to sources of “Natural Gas Hellenic Energy Company” which is the largest supplier in the sector. This price includes taxes as well as the subsidy announced by DEPA, which amounts to 9 cents per kilowatt hour. With these data, the price of natural gas is 20% lower than the price of heating oil, which is estimated (with today’s data) to fluctuate between 1.42 and 1.45 euros per liter.
It is recalled that the distribution of heating oil will begin tomorrow, Friday, October 14, while its price has been fluctuating strongly in recent days, as just three days ago the data on international prices and the exchange rate of the dollar led to estimates of an increase in the price to 1.55 euros per liter. Oil price estimates include; the subsidy of 0.25 euros per liter announced by the government. Subsidies for the beneficiaries of the heating allowance, which this year is granted with expanded criteria, are not included.
Oil market sources estimate that the demand at least in the first days of the winter heating season will be subdued, due to the level of prices, but also of relatively favorable weather conditions, at least in southern Greece.
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