But the consumer entities ask directly to cut off the possibility of increases: “This is not the right time to establish any increase. We ask that the increases not be now and we even ask that the hearings not be held today because many people cannot participate. You had said that they were in March, but the request was not heard, “he said. Hector Polino in dialogue with Ambit.
It is important to remember that the increase in rates has two consequences for the economy: first, it would have a direct impact on inflation (inflation that exceeded 50% during 2021 and that, according to economists, will return to around the same figure in the 2022). On the other hand, an increase in rates after such a prolonged freeze due to the coronavirus pandemic would imply a cut in subsidies for the state and help balance the accounts. The increase in the first part of the year is not accidental: concentrating the strongest increases in the first part of the year supposes high inflation in the first months, but with the expectation that it will fade in the second half.
For the time being, the hearing is taking place normally and according to the agreed schedule. 108 speakers and speakers were registered who will give their position virtually. A peculiarity of the public hearings is that the opinions of the citizens will have a non-binding advisory nature, so finally, the convening authority – in this case, the Executive Branch – will give the grounds for its decision and explain how they have been taken. taking into account the views of citizens.
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).
How were the proposals of the companies
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 of 76.23% taking into account the rate arrears, the evolution of inflation, the exchange rate and the losses due to the rate 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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