Croatia, GPZ to increase gas prices for commercial consumers

, SEE Energy News

In order to prevent damage as a result of force majeure (coronavirus pandemic) which destabilized the natural gas markets, which resulted in an increase in the supply price of this energy source, Gradska Plinara Zagreb (GPZ) Opskrba issued a decision introducing a measure of temporary gas price correction to all commercial customers for a period of five months (from 1 November 2021 to 31 March 2022).

According to the decision, the price of gas will be determined for each month, depending on the movement of prices on the nearest exchange – the Central European Gas Hub (CEGH). The price in this case is determined as the monthly average of the CEGHIX index plus a fixed part, which includes operating costs and those for gas transportation. The fixed part of the price is 7.55 euros.

GPZ Opskrba said that gas consumers who do not want gas delivery at the new price will be allowed to terminate the contract at no additional cost.