19.12.2012

GAZ-SYSTEM S.A. Lowers Its Tariffs

On 17 December 2012 the President of the Energy Regulatory Office approved a new, lower Tariff  for gas transmission services submitted by GAZ-SYSTEM S.A.

 Under the new Tariff of GAZ-SYSTEM S.A., the cost of transporting 1,000 cubic metres of natural gas went down by 3.25 percent as compared to the previously applicable Tariff. In real terms, the tariff reduction is even greater, as it does not account for inflation. According to the Central Office of Statistics, in November the 12-month rolling inflation rate was 2.8%.

Efficient management and cost reduction, along with well-structured financing of the company's investment project largely relying on non-returnable subsidies from the European Union contributed to another reduction of the transmission tariff rates applied by GAZ-SYSTEM S.A.

The design of the new tariff for gas transmission services is intended to support the process of energy market liberalisation and the changes introduced in the draft of the new Transmission Network Code (TNC).

Similarly as in the previous year, Tariff No 6 prepared by GAZ-SYSTEM S.A. is an Entry-Exit tariff, which means that the billing for gas transmission is aligned with EU standards and based on charges applied at system entry and exit points. This tariff model results from the provisions of the 3rd Energy Package and Regulation 715/2009 of the European Parliament and the Council.

The division into tariff groups no longer applies under the new tariff. The Tariff No 6 also provides for a significant reduction of adjustment coefficients applicable to fixed charge rate for short-term contracts (semi-annual, quarterly and monthly), which will result in lower cost of such services for the transmission network user. Furthermore, the charges for gas transportation to and from Underground Gas Storage have been substantially decreased.
    
The Tariff No 6 for transmission services will be effective as of 30 September 2013.

Download: Tariff for Gas Transmission Services No. 6

 

press release download: GAZ-SYSTEM S.A. Lowers Its Tariffs

GAZ-SYSTEM plays a strategic role in the Polish economy. We are responsible for natural gas transmission and operate the most important gas pipelines in Poland. As part of the 2015-2025 investment programme, GAZ-SYSTEM plans to build over 2000 km of new gas pipelines in western, southern and eastern parts of Poland. Further development of the national transmission network, including the construction of new gas pipelines making part of the North-South Gas Corridor, as well as the construction of interconnections with the neighbouring countries, will strengthen Poland’s energy security and make an important contribution to the development of the European transmission system.

The Company is implementing one of the most important infrastructural projects in Poland – the Baltic Pipe project, which consists in the construction of a bidirectional offshore gas pipeline connecting Poland and Denmark and the expansion of the local transmission network.

GAZ-SYSTEM also owns Polskie LNG, the operator of the President Lech Kaczyński's LNG Terminal in Świnoujście.

 


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