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.

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