LNG

Feb 27 (LNGJ) - Gasunie Transport Services (GTS), the Dutch natural gas pipeline transmission operator, must cut its tariffs under the regulatory framework in the period 2017-2021. The cut follows a decision by the Netherlands Authority for Consumers and Markets. “As a result of the decision GTS tariffs will be lowered. Over the next five years the annual revenues will gradually fall by a total amount of 200 million euros ($211M). In addition, the decision will result in a one-off depreciation of the GTS network of 450M euros ($475M),” said Gasunie.