INTIEAIsrael · Reduction and changes in natural gas transmission tariffsPolicyIn force

Reduction and changes in natural gas transmission tariffs

In order to shield domestic consumers from the effects of the global energy crisis, the Natural Gas Economy Council of Israel lowered the transmission rates of the Natural Gas Routes Company (Natgaz) by 17.2%. The Council also introduced a new systemic tariff meant to finance…

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Country / jurisdiction: Israel · Year: 2022 · Status: In force · Level: National · Type: Voluntary

In order to shield domestic consumers from the effects of the global energy crisis, the Natural Gas Economy Council of Israel lowered the transmission rates of the Natural Gas Routes Company (Natgaz) by 17.2%. The Council also introduced a new systemic tariff meant to finance the modernisation and decarbonisation of the domestic natural gas industry.

Both tariff changes are expected to represent a cumulative cost reduction of 11% when passed on to final consumers.

Official source: https://www.gov.il/en/departments/news/press_16032022

Source

https://www.iea.org/policies/15204

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