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HomeLithuaniaGas prices for Lithuanian households may fall 4-7 cents from January –...

Gas prices for Lithuanian households may fall 4-7 cents from January – regulator

Natural gas prices for households in Lithuania may go down by 4-7 euro cents per cubic meter from January, compared to the price they currently pay, Renatas Pocius, chairman of the National Energy Regulatory Council (NERC), said on Monday.

“For those using natural gas in gas stoves, we have received a draft proposal from Ignitis indicating a decrease of 7 cents per cubic meter,” Pocius told reporters, commenting on the    draft tariffs submitted by the electricity and gas supplier.

“For the second group of consumers heating their homes with natural gas, the reduction in tariffs is 4 cents per cubic meter,” he said.

Currently, consumers using the least amount of gas (mainly for cooking) pay 1.36 euros per cubic meter and those using gas to heat their homes pay 0.87 euros. The group consuming the most gas pays 0.83 euros.

The state currently subsidizes part of natural gas tariffs, but the scheme will be scrapped starting from January.

The NERC is expected to approve the final natural gas tariffs and state-regulated public supply electricity tariffs on Thursday.

Source: BNS

(Reproduction of BNS information in mass media and other websites without written consent of BNS is prohibited.)


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