Finance

Support Gas 2022 Program: what is it?

The Support Gas 2022 Program is a measure to help industries pay the cost of their gas. Find out the details of the program.

Advertisement

Find out what the Support Gas 2022 Program is and how it works

Cano e válvula de gás com bandeira de Portugal ao fundo
So, find out everything about the program! Source: AdobeStock.

Do you want to know what the 2022 Gas Support Program is? With the war in Ukraine, the price of fuel and gas increased, worsening Portugal's social and economic crisis.

Thus, this is a project carried out by the Portuguese State to help companies with the costs of natural gas. There are several rules that must be observed when subscribing, but we will talk about them here.

Válvula de cano e bandeira portuguesa ao fundo

How to subscribe: Support Gas 2022 Program?

To participate in the third phase of the Support Gas 2022 Program you need to fill out an online form. See how to do it at the Fundos Counter.

This is the third phase of applications and the rules have undergone some changes. Thus, new types of companies were included in the scheme.

Furthermore, rest assured, you will discover everything you need to know about this program. So, continue reading our text to stay up to date.

How does the Support Gas 2022 Program work?

Canos de gás e óleo
After all, what are the details of the program? Source: AdobeStock.

Firstly, this is a Program aimed exclusively at companies established in Portuguese territory. Furthermore, the companies that receive the aid suffered difficulties with the rise in the price of natural gas.

In other words, the Support Natural Gas Program wants to help companies continue to operate, generating employment and development.

Additionally, this is a non-refundable benefit. In other words, companies do not need to return the amount. Furthermore, some changes occurred between the old and the third phase.

Changes

Thus, some of the changes for this phase were both in the amount of aid and in the scope of types of companies covered.

Firstly, the incentive fee rose from just 30% to 40% on the cost of gas. Furthermore, the maximum total aid amount also rose from 400 thousand euros to 500 thousand euros.

Furthermore, the agri-food processing industry was also included in the program. In fact, all changes are retroactive, meaning they will affect those enrolled in the other phases.

Now, with the inclusion of this type of industry, who are the other beneficiaries of the Support Gas Program?

What types of companies are entitled to this Program?

As only industries can benefit, we will show some of the categories that are on the list of beneficiaries.

  • Textiles;
  • Glass;
  • Steel industry;
  • Paper, folder, cardboard and others;
  • Ceramic products;

Obligations of the companies covered

While they are covered by the benefit, the selected companies cannot distribute profits and dividends.

Furthermore, it cannot close its activities, nor carry out collective dismissals, dismissals due to termination of position or due to ineptitude.

How to subscribe to the Support Gas 2022 Program?

Did you see how the Support Gas 2022 Program is fundamental to overcoming the economic crisis? If you are looking to subscribe to your company, know that it is very simple.

In addition to meeting all the rules and demands, you can subscribe online by filling out a form.

But stay tuned, as the deadline for applications is 6pm on the last day of 2022. Don't forget to send your subscription!

Want to know more about how to subscribe as soon as possible? So, click on the link below and check out a step-by-step guide on the process!

Válvula de cano e bandeira portuguesa ao fundo

How to subscribe: Support Gas 2022 Program?

To participate in the third phase of the Support Gas 2022 Program you need to fill out an online form. See how to do it at the Fundos Counter.

About the author  /  Filipe Travanca

Bachelor in History and Audiovisual from the University of São Paulo. Passionate about writing and literature, he works as a screenwriter, editor and short story writer, exploring the most varied themes and subjects. A very curious person, who likes to study a little bit of everything and share this learning in his texts.

Reviewed by  / 

Senior Editor

Trending Topics

content

How to join the Bitcoin.com broker?

Learn now how to join the Bitcoin.com Broker and start buying, selling and exchanging Bitcoin, Bitcoin Cash and Ethereum in a simple and easy way.

Keep Reading
content

House Rent: what is the market like in 2023?

Do you want to know what the house rental market is like in 2023? Values have risen a lot, but the brake established by the government can help!

Keep Reading
content

How to request Cofidis consolidated credit?

Do you want to have money left over at the end of the month? So get to know Cofidis credit and see step by step how to take out it.

Keep Reading

You may also like

content

Aid of 125 euros to minimize the rise in inflation: find out more

In addition to paying 125 euros to minimize the rise in inflation, the Portuguese government also proposes other aid. Get to know them!

Keep Reading
content

Caixa Geral de Depósitos Review: find out everything about this Portuguese bank

In this Caixa Geral de Depósitos Review, learn everything about this Portuguese bank founded in 1876! It offers insurance, credit and more.

Keep Reading
content

Games to learn finance: check out the main ones and have fun!

Among the most incredible games to learn finances are Monopoly, Game of Life and The Sims. Get to know them and find out why to bet on them!

Keep Reading