Parliament intends to hold Ukraine's natural gas transmission system unbundling modelled on ISO

286 MPs voted in favor of it
17:11, 18 October 2019

The Verkhovna Rada of Ukraine supported the draft legislation No. 2239-1, which provides unbundling of gas transmission modelled on the independent system operator (ISO).

The session was broadcasted by 112 Ukraine TV channel

The document was presented by MP from the political party Servant of the People and Head of the gas subcommittee of the Committee on Energetic issues Andriy Zhupanin. 

He explained what the unbundling on ISO system meant.

Related: "Naftogaz" considers statement of "Gazprom" on the risks of gas transit to Europe as preparation of new gas crisis by Russia

"What does the ISO mean? It means that the State Property Fund of Ukraine will pass to the Ukrainian natural gas transmission system on the right of operational management of the state company, which will be based on the "Highways and Gas Pipelines of Ukraine" company, which will be under the control of Ukraine's Ministry of Finance. The independent system operator model provides that the authorities of the Ministry of Finance and the Cabinet of Ministers of Ukraine will be separated in the part of management of the natural gas transmission system," he said. 

According to him, the Cabinet will be making the most important decisions relating to the work of the gas transmission system of Ukraine. 

Related: "Gazprom" litigated "Naftogaz" about illegal gas assigning


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