Spain’s Natural Gas Suppliers to Get Reprieve on Tariff Cut
- Regulator is preparing to rule on how much fees must be cut
- Decision will affect companies including Naturgy and Enagas
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Spain’s competition regulator is preparing to order natural gas suppliers to make a smaller cut in the tariffs they can charge consumers than was previously proposed, people familiar with the matter said.
The 10-member board of the CNMC regulator is likely to cut the existing levies the companies can charge by less than the amount originally recommended by the agency’s technical team, according to the people with knowledge of the deliberations who asked not to be named because the discussions aren’t public.