The bulk of the price increase

The bulk of the price increase. Is not due to the rising price of gas molecule but to the cost of aion kinah
and storage.

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“To deliver the gas, we need infrastructure,Perez ready to pitch to Nationals, we must renew and maintain them and everything has a cost, ” he told AFP Philippe de Ladoucette,deuce Rules and Strategy, chairman of the CRE.

According to the UFC-Que Choisir, “the cost of infrastructure and marketing” has increased from 22.2% in one year. “This cost explosion is unjustifiable, has denounced the consumer association.

The rest of the rate increase reflects higher crude oil prices over the last six months. GDF Suez buys into effect its gas through long term contracts with producing countries (Norway, Russia, Algeria, etc..) At a price indexed to the price of a barrel of crude.

The CRE should revise the formula to buy aion kinah
and the cost of procurement of GDF Suez by the end of the year, “says de Ladoucette.

“We’ll see if we modify some settings after negotiations conducted by GDF Suez with its suppliers to try to get a share of gas is indexed to the price of spot markets (overnight), says President the CRE.

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