Wednesday, November 2, 2016

CFP critical Galp by lower natural gas prices despite high profits – Jornal de Negócios – Portugal

In a statement, the mpc alluded to the information now disclosed by the regulator of the energy sector, ERSE, according to which Galp will get “a value of trade margins”, between 2010 and 2026, “around 1,158 million euros”, with the “sale of a surplus of LNG (liquefied natural gas) in international markets”.

that is, have estimated the communists, between 2010 and 2016, the company will raise “approximately 476,8 million euros and this has had no impact on the reduction of tariffs of natural gas to the Portuguese consumers”.

For more, highlighted the CFP, “this occurs simultaneously with the refusal of the Company to pay the Extraordinary Contribution over the Energy Sector”.

This information, he added the CFP in its press release, “gives full justification to the recent application of the PCP for the parliamentary hearing of the secretary of State for Energy, and that these gains trade will be returned to the Portuguese consumers through a corresponding reduction in prices of natural gas,” which, he announced, will also be subject to “appropriate proposal” in the framework of the State Budget for 2017.

The communists understood that “the ERSE now ‘discovered’ should be considered a true scandal national”, in addition to being, added, “the demonstration of the enormity of the policy of privatisation of GALP and its serious consequences for the economy and the Portuguese families”.

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