On 22 October 2015, the National Commission for Energy Control and Prices (hereinafter – the NCC) after the routine inspection of regulated natural gas transmission activity in 2009-2013, concluded that the amount of AB Amber Grid’s expenses and eliminated revenues unreasonably included into the regulated activities amounts EUR 466.86 thousand. Given the aforesaid circumstance, the NCC decided to eliminate the aforesaid amount when adjusting the transmission service price caps for the year 2016.
Considering the fact that the tariffs charged by AB Amber Grid for its gas transmission services are lower than the price caps set by the NCC, the NCC‘s decision does not have impact on AB Amber Grid‘s operating result.
The individual authorised by AB Amber Grid (the issuer) to provide additional information on the material event:
Danas Janulionis
Head of Strategic Planning and External Relations Division
tel. +370 5 232 7747
fax +370 5 236 0850
e-mail: d.janulionis@ambergrid.lt