The Gas Transmission System Operator of Ukraine has applied for a license for the transmission of natural gas

GTS Operator of Ukraine LLC submitted a package of documents to the National Energy and Utilities Regulatory Commission for a license for the right to carry out economic activities for the transmission of natural gas. This was reported by the press service.

“The company expects to receive it before the end of this year, because from January 1, the GTS Operator will be separated from the Naftogaz group (unbundling) and transferred to the management of the state-owned company Main Gas Pipelines of Ukraine PJSC (MGU), subordinate to the Ministry of Finance of Ukraine”, the statement said.

In order to obtain a license, a company must be successfully certified as an operator of the gas transmission system by the National Regulatory Commission, followed by confirmation by the Energy Community Secretariat.

On October 4, 2019 GTS of Ukraine Operator LLC submitted an application to the National Energy and Utilities Regulatory Commission and the Energy Community Secretariat with a request that they conduct the certification process in parallel to achieve the result before January 1, 2020. After certification, the GTS operator will receive the authority to transport natural gas through Ukraine and will be able to operate as an independent GTS Operator.

“Now the Company expects a preliminary conclusion on certification from National Energy and Utilities Regulatory Commission, and before the end of this year – the final withdrawal of Ukrainian and European regulators”, the company notes.

The branch of the GTS Operator is one of the key factors in the process of trilateral negotiations on the continuation of the transit of Russian gas through Ukraine to Europe.

Recall, from July 1, 2019, the penultimate stage of the project to prepare for the separation of the Ukrainian GTS Operator began. The technical operation function of the gas transmission system of Ukraine was transferred from Ukrtransgaz JSC to a separate legal entity –GTS Operator LLC.

Earlier it was reported that in early February 2019, as part of the implementation of the next stage of the Roadmap for the separation of the gas transmission system (GTS) operator, a new company was created in Ukraine – Ukrainian Gas Transmission System Operator LLC, 100% owned by Ukrtransgaz JSC.

Tags: The Cabinet of Ministers, Gazprom, gas, Naftogaz, contracts, tariffs, legislation, EU, The Minystry of Energy and Coal Mining, Top management, Ukrtransgaz, gas transit, GTS, RF, foreign affairs, Main gas pipeline of Ukraine, export

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