Spectator on facebook

Spectator on facebook

SPP baffled by regulatory authority's decision

Slovakia's natural gas distributor, SPP, is baffled by a decision from the Office for the Regulation of Network Industries (ÚRSO) on August 26 that rejected its request for an 15.9-percent increase in household gas prices as of Oct. 1.

Slovakia's natural gas distributor, SPP, is baffled by a decision from the Office for the Regulation of Network Industries (ÚRSO) on August 26 that rejected its request for an 15.9-percent increase in household gas prices as of Oct. 1.

ÚRSO explained that the submitted documents were insufficient to justify the increase.

But in a statement to TASR, SPP wrote it had delivered the regulatory authority all documents required for its decision on the request, coupled with a declaration by an independent auditor who confirmed the accuracy of SPP's calculation.

According to the gas utility, crude oil prices have hit an all-time high of $150 per barrel, which is far above ÚRSO’s estimate of $78 per barrel based on which household prices were set for 2008.

ÚRSO cannot ignore the current global rise in energy prices, it said. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

My five-year-old daughter will almost certainly encounter a Weinstein too

It’s not that I thought sexually harassing women was okay, it’s more that I accepted that was just part of how things worked. Unfortunate, yes, but also standard.

Harvey Weinstein

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico