Belgian market moves

Written by  John McKay
Friday, 01 March 2024
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March 1 (LNGJ) - Fluxys Belgium and Fluxys LNG have reached agreement with the Belgian Federal Commission for Electricity and Gas Regulation (CREG) to propose to the market some adjustments to the tariff methodology. “In an environment characterised by high inflation and volatile and rising interest rates, these adjustments will allow Fluxys Belgium's margin to reach a fair level for the period 2024-2027,” said Fluxys.

   Fluxys Belgium and the regulator have agreed on certain changes they wish to make to the tariff methodology for the natural gas transmission system, the natural gas storage facility and the LNG terminal at Zeebrugge for the regulatory period 2024-2027. “They believe that these changes are necessary to guarantee the system operators a fair return on the capital invested in the regulated assets, and to enable them to make necessary investments,” the statement added.

Last modified on Friday, 01 March 2024 09:00
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