Bloomberg News

Portugal’s Erse Proposes 6.9% Increase for Domestic Gas Tariff

April 16, 2012

Portugal’s energy regulator proposed increasing natural gas tariffs for domestic users by 6.9 percent for the six months starting in July.

The proposed rate applies to homes and other consumers using 500 cubic meters or less a year, the Lisbon-based Energy Services Regulatory Agency said in a statement today. A final decision on the price will be taken by June 15.

Portugal will end most regulated tariffs by January 2013.

To contact the reporter on this story: Joao Lima in Lisbon at jlima1@bloomberg.net

To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net


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