Energy bill in France increased in March

10/06/2010 11:00 Electricity Market

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The total energy bill for March in France was 18.6% more comparing to the same month last year.

This rise was mainly caused by oil price growth, which increased by an impressive 51% comparing to march 2009. France government had to pay out over 4 billion Euros to stock up energy products like oil, coal, natural gas, etc. The total energy bill for the last 12 months in France reaches 36.94 billion euros and it is 25% smaller than the previous year. But in July 2008, when oil prices hit 147$ per barrel, France energy bill attained a historical high of 5.67 billion euros for June. In March this year, the price for Brent was 78.8 dollars per barrel.

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