At the hearing on January 19, which will take place remotely, the proposals of the distributors and carriers will be considered.
The companies reached in this instance are the distributors Metrogas, Naturgy Ban. Litoral Gas, Gas Cuyana, Gasnor, Camuzzi Gas del Sur, Camuzzi Gas Pampeana, Gas del Centro, GasNea and Redengas, while on the transportation side are TGS (Transportadora de Gas del Sur and TGN (Transportadora de Gas del Norte). Subsequently, on Monday, January 31, it is expected to discuss wholesale gas prices at the Point of Entry to the Transportation System (PIST).
The controller of Enargas, Federico Bernal, highlighted the role of the hearings and maintained that “when we reach the end of this road and we already have a renegotiated rate that is fair, reasonable and affordable, we are going to value these hearings as fundamental milestones of popular expression “.
For his part, the Secretary of Energy, Dario Martinez, had ratified days ago that the increase in rates of gas and electricity services would be around 20% on average, very far from the proposals presented by the companies. This 20% increase will not be applied uniformly among all users, but in a segmented manner according to their economic capacity, with criteria that have not yet been fully defined.
The discussion is part of the Government’s objective of applying a reduction in energy subsidies, which represent approximately two thirds of the total transfers to economic sectors, public companies and trust funds.
How much do companies ask?
At the beginning of the month, gas distributors and transporters submitted proposals for rate increases to ENARGAS. The majority requested that the increase be above 75%. In the case of gas carriers, TGN and TGS stated that the increase should be in line with inflation: the last increase was 26% in 2019 and since then, inflation and the exchange rate have registered a variation of more than 100%. .
Therefore, TGN requested an increase of 87.4% to apply from next March, while TGS requested an increase of 80% from March and another 25% from September.
Lastly, Metrogas requested an increase in 76.23% taking into account the tariff arrears, the evolution of inflation, the exchange rate and the losses due to the tariff arrears. Naturgy, for its part, estimated an increase of 82.9% while Camuzzi presented a proposal with an increase of more than 100%. The companies agree on the need to compensate for the losses they obtained in two years of frozen rates.
Source From: Ambito
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