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The NERC Raises Gas Prices For Industrial Consumers By 5%, To USD 75.1 Per 1,000 cm.

The NERC Raises Gas Prices For Industrial Consumers By 5%, To USD 75.1 Per 1,000 cm.

28 October 2008

The National Electricity Regulation Commission (NERC) made this price effective for industrial consumers starting from November 1, 2005. Concorde Capital: We expect more gas price increases in the future and project the price for industrial consumers to be raised to USD 85 per 1,000 cm in 2006 and by 2008 reach at least USD 116 per 1,000 cm.

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