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Zelensky signs law on unbundling of activities in natural gas transportation

 Gas storages and gas transportation system will remain in full state ownership
20:21, 15 November 2019

112 Agency

President of Ukraine Volodymyr Zelensky signed a law on the separation of natural gas transportation activities (unblunding). Deputy Head of the President's Office Yuliya Kovaliv reported this.

"The law provides the necessary conditions for fulfilling Ukraine’s obligations regarding the separation of gas transportation activities and ensuring the activities of the gas transmission system operator in accordance with European law,” she said.

The official expressed confidence that Ukraine is moving towards European integration and is demonstrating its willingness to certify the gas transmission system operator in accordance with EU rules and the Third Energy Package.

Related: Why natural gas production does not increase in Ukraine?

Earlier, the Verkhovna Rada voted to eliminate inconsistencies in the text of the law "On Amending certain laws of Ukraine in connection with the separation of natural gas transportation activities". A rule has been introduced to ban the privatization of underground gas storages.

292 MPs supported the corresponding decision.

As we reported earlier, October 28, the press service of the President of Ukraine announced a meeting between Head of State Volodymyr Zelensky and Vice President of the European Investment Bank (EIB) Vazil Hudak. The president invited the financial institution to join the implementation of infrastructure projects.

 

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