31/08/2015 12:15:59 Free Membership Login

French Regulated Gas Tariffs May Rise 2% to 3% Jan 1 - Report

Date : 12/06/2012 @ 1:52PM
Source : Dow Jones News
Stock : Engie (ENGI)
Quote : 16.21  0.0 (0.00%) @ 9:45AM
Engie share price Chart

French Regulated Gas Tariffs May Rise 2% to 3% Jan 1 - Report

Gdf Suez (EU:GSZ)
Historical Stock Chart

3 Years : From Aug 2012 to Aug 2015

Click Here for more Gdf Suez Charts.

Regulated gas prices in France may rise between 2% and 3% from Jan. 1, French daily Le Figaro reports Thursday, without citing its sources.

A rise of between 2% and 3% is being studied by the state, France's energy regulation commission and GDF Suez SA (GSZ.FR), le Figaro reports.

Speaking on French radio RTL Thursday, Prime Minister Jean-Marc Ayrault said the government is negotiating with GDF Suez to try to alter the mechanism and the contracts that determine increases in regulated gas prices.

"I can't confirm the exact figure, but it's true that we are regularly confronted with these price increases linked to the contracts indexed to the price of oil," said Mr. Ayrault.

Newspaper Web site: http://www.lefigaro.fr

Write to William Horobin at william.horobin@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 in 150831 12:15