Adjusted natural gas distribution price cap


Vilnius, Lithuania, 2015-10-29 10:45 CET (GLOBE NEWSWIRE) -- Public Limited Liability Company Lietuvos Dujos, code 120059523, registered seat address Aguonų St. 24, LT-03212 Vilnius. Total number of ordinary registered shares issued by the Public Limited Liability Company Lietuvos Dujos is 290 685 740; ISIN code - LT0000116220.

On 29 October 2015, the National Commission for Energy Control and Prices (hereinafter - the NCC) set the natural gas distribution price cap of AB Lietuvos Dujos to be valid in 2016, which is EUR 7.92 per MWh. This price cap will also apply to AB Energijos Skirstymo Operatorius, which will operate after the reorganization of AB Lietuvos Dujos.

Compared to 2015, the distribution price cap will increase by 6 percent in 2016. The main reason for such an increase is declining natural gas distribution volumes.

In light of the set price cap, the Board of AB Lietuvos Dujos will decide in the nearest future on specific natural gas distribution prices to take effect as from 1 January 2016. Specific prices will be submitted for NCC’s approval in accordance with the procedure and deadlines established by laws.

         Laura Šebekienė
         Head of Communications
         Ph. +370 633 99940
         Email: l.sebekiene@lietuvosdujos.lt