NAK "Naftogaz Ukraine", SC "Ukrtransgas" and PJSC "Main gas pipelines of Ukraine" signed an agreement to establish a joint working group with five leading European operators interested in supporting the process of unbundling and further participation in the management of the Ukrainian gas transportation system.

"Naftogaz" has signed an agreement with the European operators GTS on the support of unbundling

This is with reference to Interfax-Ukraine reported Biznestsentr.

According to "Naftogaz", the working group includes GRTgaz S. A. (France), N. V. Nederlandse Gasunie (the Netherlands), Snam S. p.A. (Italy), Eustream a.s. (Slovakia) and Fluxys S. A. (Belgium).

"The aim of cooperation is to help the Ukrainian side to create an independent operator GTS in accordance with European law, then European partners will be able to join the managing operator of the GTS," according to "Naftogaz".

See also: "Naftogaz" signed a contract with Norway's Wikborg for litigation with Gazprom for EUR 14 million

At this stage, experts of the European operators will assist with the creation of an independent Ukrainian operator of GTS and applying for the certification of Ukrainian regulator, the national Commission and the Secretariat of the Energy community, and will participate in the development of the plan of modernization of the GTS to ensure its technical reliability and efficiency.

European operators will also provide consulting support during the joint meetings of the Board and of the Committee on unbundling of the Supervisory Board of "Naftogaz". Further cooperation between the operators of the CTA and MSU will be discussed separately.

As reported, the selection of an independent operator of gas transportation system is planned from 1 January 2020. "Naftogaz" plans to hold unbundling on the ISO model (Independent System Operator), which provides protection of interests of Ukraine in the framework of the arbitration against Gazprom for $12 billion ISO in contrast to the model of OU (Ownership unbundling) does not require the privatization of Ukraine's GTS.

To enhance the process of unbundling and transfer of the gas transportation system in the control of an independent operator, BP must accept the second reading of the draft law "On concessions".

The NAC believed that only cooperation with international companies in the management of Ukraine's GTS will allow you to save for the country the status of gas transit country.

Throughput of Ukraine's GTS at the entrance is 288 billion cubic meters at the exit – 178,5 billion cubic meters, including to European countries - 142,5 billion cubic meters, Moldova - 3.5 billion cubic meters.


See comments →