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Phoenix Price freeze welcomed

8 April, 2004

Sinn Féin Economy Spokesperson, Fermanagh South Tyrone MP Michelle Gildernew MLA has welcomed the decision of Phoenix Natural Gas to freeze the proposed 20% price increase for 2 months. Ms Gildernew said:

"This decision is welcome. It creates the space to properly explore all of the relevant issues surrounding this decision. Many questions still need to be answered.

"There is obviously a need for Phoenix to agree a long-term deal with the Regulator over gas transmission, distribution and supply which would guarantee price stability in the gas industry for the foreseeable future. There must be a long term commitment to develop a reasonably priced gas industry in the north of Ireland and indeed throughout the island of Ireland." ENDS

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