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The Maltese Herald

Electrogas makes a €19 million profit in 2022

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by

Mark Camilleri
in

Minister for Energy Miriam Dalli will be remembered to have been the Minister that for the first time enabled Electrogas to make a profit. Electrogas’ profit is possible because of the contractual agreements it has with Enemalta and, the government is basically subsidising Electrogas’ profits while losing hundreds of millions of Euros on energy subsidies.

Miriam Dalli has the audacity to believe that she is competent enough to be Prime Minister and has a team already prepared to launch her future leadership bid.

Comments

5 responses to “Electrogas makes a €19 million profit in 2022”

  1. A summary of the Maltese government’s gas trade – Mark Camilleri avatar
    A summary of the Maltese government’s gas trade – Mark Camilleri

    […] or most of the purchases are being made by Electrogas on behalf of Enemalta. Electrogas has made a staggering profit last […]

    Reply
  2. Most of Malta’s gas is purchased by Electrogas not by the government – Mark Camilleri avatar
    Most of Malta’s gas is purchased by Electrogas not by the government – Mark Camilleri

    […] made a staggering profit last year, and if Electrogas is buying gas at the oil-indexed system that the government has […]

    Reply
  3. Why is the government extending its energy subsidies if gas and oil prices are below February 2022 prices? – Mark Camilleri avatar
    Why is the government extending its energy subsidies if gas and oil prices are below February 2022 prices? – Mark Camilleri

    […] paying for energy and electricity at premium prices while the electricity supplier (Electrogas) is making a large profit, along with the energy suppliers (Enel […]

    Reply
  4. No repercussions and business as usual with Tumas Group – Mark Camilleri avatar
    No repercussions and business as usual with Tumas Group – Mark Camilleri

    […] is still allowed to make a profit and even making a profit while a Magisterial Inquiry about the project is yet to be unraveled. Robert Abela chose Miriam […]

    Reply
  5. Energy Minister announces new Hydrogen mega-project with North Africa: no plans or details announced - The Maltese Herald avatar
    Energy Minister announces new Hydrogen mega-project with North Africa: no plans or details announced - The Maltese Herald

    […] energy policy in a nutshell: Enemalta is bankrupt and is subsidised by the government. Electrogas and China make a profit and the government keeps issuing subsidies to keep electricity and fuel […]

    Reply

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