Key Benefits:
The Minister of Economy, Finance and Industry and the Minister to the Minister of Economy, Finance and Industry, responsible for industry, energy and the digital economy,
Vu le Trade codeincluding article L. 410-2;
Vu la Act No. 2003-8 of 3 January 2003 amended with respect to gas and electricity markets and the public energy service, including Article 7;
Vu le Decree No. 2008-779 of 13 August 2008 relating to compensation for public service charges relating to the provision of natural gas at the special rate of solidarity;
Vu le Decree No. 2009-1603 of 18 December 2009 relating to regulated rates of sale of natural gas;
Considering the opinion of the Energy Regulatory Commission of 2 December 2010,
Stop:
The regulated non-tax selling rates of natural gas provided from the public distribution networks of GDF Suez are determined on the basis of a tariff formula consisting of the sum, on the one hand, of a term representing the costs of natural gas supply, on the other hand, of a term representing the non-cost costs of supply as defined in section 4 of the above-mentioned decree and integrating the unitary contribution to the financing of the special solidarity rate
The evolution of the term representing natural gas supply costs is dependent on:
– the euro exchange rate against US dollar, observed over the six-month period ending one month before the date of the tariff movement;
– prices, converted to euros and recorded over the six-month period ending one month before the date of the tariff movement, a basket of petroleum products listed in Rotterdam;
– from the natural gas price to the Netherlands observed over the period of one month ending one month before the date of the tariff movement.
It is based on the following formula:
"m" = FOD€/t*0.01642 + FOL€/t*0.02244 + BRENT€/bl*0.05384 + TTF€/MWh*0.09478 + EURUSD*1,33269
where:
"m" represents the evolution of the term representing natural gas supply costs;
FOD€/t represents the evolution of the domestic fuel rating to 0.1% in € per ton;
FOL€/t represents the evolution of the low sulphur heavy fuel rating in € per ton;
BRENT€/bl represents the evolution of the oil barrel in € per barrel;
TTF€/MWh represents the evolution of the listing of future quarterly natural gas contracts in € by MWh;
EURUSD represents the evolution of the euro exchange rate against US dollar.
The scales that came into force on July 1, 2010 do not evolve as of January 1, 2011.
When a gas consumption statement simultaneously includes consumption payable to the old and new rates, a proportional distribution, especially depending on the number of days of each period, is made.
The Order of December 21, 2009 on regulated rates for the sale of natural gas provided from the public distribution networks of GDF Suez is repealed.
The Director General of Competition, Consumption and Suppression of Frauds and the Director General of Energy and Climate are responsible for the execution of this Order, which will be published in the Official Journal of the French Republic.
Done in Paris, 9 December 2010.
Minister to the Minister of Economy,
finance and industry,
responsible for the industry,
energy and the digital economy,
For the Minister and by delegation:
The Energy Director,
P.-M. Abadie
Minister of Economy,
finance and industry,
For the Minister and by delegation:
The Director General of Competition,
consumption
and the suppression of fraud,
N. Homobono
