Bord Gáis warns of higher prices

Bord Gáis Networks yesterday warned of higher gas prices, totalling €40m per annum to consumers.

The company warned of the price hikes if changes proposed to charges for the use of natural gas pipelines are not implemented.

Last month, the Commission for Energy Regulation proposed that suppliers pay for Ireland’s interconnectors, which supply 95% of the country’s gas, irrespective of whether they use them.