Regulated gas price for households reduced in Croatia
MOL Plc. hereby informs the capital market participants that INA, d.d. made a Stock Exchange announcement today about the decision of the Croatian government concerning regulated gas prices relevant for INA.
The government decided to further lower the regulated gas price at which INA is obliged to sell gas to HEP by around 20% to HRK 1.27 per m3 as of 1st April, 2016. Everything else unchanged this decision is estimated to have a negative impact on INA’s revenues of around HRK 160mn for the next 12 months’ period.