Engie to cut gas prices in France by 3.3% in May

20/04/2017 09:23 Natural Gas

news

French utility Engie will reduce consumer gas prices in France by 3.3 percent starting from May 1, as reported by Le Figaro.

Since the opening of the French gas market in 2007, former monopoly Engie continues to sell gas to retail customers at tariffs established by energy regulator CRE, but also sells gas at unregulated prices to retail and corporate customers.

 

Le Figaro announced that Engie has filed a request to the CRE to cut the prices, stating that approximately 6 million households would be affected by this move.

 

A spokeswoman with Engie did not comment.

Triton analyses onshore plans

22/09/2017 14:25:00

An intermediate electrical compound (IEC) might not need to be built by the developers of the offshore wind 860MW Triton Knoll farm in the UK North Sea.

<READ MORE

Lukoil aims to sell some foreign assets due to Crimea sanctions

22/09/2017 11:59:00

Lukoil is seeking to reduce its refinery complex in Italy and concentrate on internal production.

READ MORE

Daily (22.09.2017): EU carbon contracts settled 5% down on lower electricity prices

22/09/2017 10:58:00

Oil prices were mixed on Thursday as the market waited to see if the biggest oil producers would deepen supply reductions beyond March at a reunion in Vienna. Brent crude futures closed 0.25% up at $56.43 a barrel. Meanwhile, WTI crude futures ended 0.3% down at $50.55 per barrel.

READ MORE