PARIS (Dow Jones)--The French government will allow French gas giant Gaz de France (1020848.FR) to raise regulated gas tariffs for French business customers by 10% starting Jan. 1, 2008, the French financial daily Les Echos reports in its Friday edition without citing sources.
The tariff hike will apply to 1,500 GdF clients who are directly hooked up to the company's gas distribution network, the newspaper reports.
The French government Thursday said GdF can raise domestic gas prices to households by 4%.