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ENGI Engie

16.10
0.02 (0.12%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Engie EU:ENGI Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.12% 16.10 16.085 16.20 16.205 16.05 16.10 6,124,533 16:40:00

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

06/12/2012 8:22am

Dow Jones News


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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


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