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
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