Ofreg statement on Phoenix gas "re-opening"

Ofreg statement (8 pages, PDF) reacting to consultation responses following its May 2005 suggestion (22 pages, PDF) that it might re-open a perceived regulatory settlement in light of the apparent premium offered by Terra Firma/Kellen for ESH/Phoenix Natural Gas. The statement emphasises Ofreg's view that the 2004 discussions had not, in Ofreg's view, led to any agreement, since nothing was implemented and no decision could have been taken without further public consultation.

For further information or advice please contact Franck Latrémolière.

Filed under Electricity, Gas, Ofreg, Price controls, Water.

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