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ÚRSO halts gas re-pricing process initiated by SPP

The Office for the Regulation of Network Industries (ÚRSO) on Wednesday, June 1, interrupted the re-pricing process for gas supplied to households and used for producing heat for households. The re-pricing request was submitted to ÚRSO on May 6 by Slovak gas utility Slovenský Plynárenský Priemysel (SPP).

The Office for the Regulation of Network Industries (ÚRSO) on Wednesday, June 1, interrupted the re-pricing process for gas supplied to households and used for producing heat for households. The re-pricing request was submitted to ÚRSO on May 6 by Slovak gas utility Slovenský Plynárenský Priemysel (SPP).

"The reason why the re-pricing process has been halted is that the submitted proposals are incomplete," said ÚRSO spokesman Miroslav Lupták, adding that the office also requires an explanation concerning certain financial operations in gas trading. Lupták said SPP has 15 days to complete the documentation.

"We'll examine the regulator's requirement, and we'll take up a stance in due course," the TASR newswire was told by SPP spokesman Ondrej Sebesta. SPP proposed a price hike of gas in two stages – by 7.9 percent on average as of July 1, and by an average of 20.8 percent as of September 1. The company claims that the price hikes are required due to the development of key market factors.

Source: 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.

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