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    Argentina: Natural Gas Price Hike For Businesses Suspended

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Summary

An Argentine federal judge has suspended government increases in the price of natural gas for small and medium businesses.

by: Stratfor

Posted in:

Natural Gas & LNG News, Americas, Corporate, Political

Argentina: Natural Gas Price Hike For Businesses Suspended

A federal judge has suspended government increases in the price of natural gas for small and medium businesses, La Nacion reported Sept. 27.

Those businesses had not been included in an August ruling by the country's Supreme Court that suspended natural gas price increases for residential users.

The hikes were imposed in an effort to reduce consumption and spur energy production. The government and stakeholders are holding hearings over the eventual natural gas pricing scheme.

Natural Gas Europe is pleased to provide this article in cooperation with Stratfor, a Natural Gas Europe Knowledge Partner.  For more visit www.stratfor.com Follow Stratfor: @stratfor on Twitter | Stratfor on Facebook