On 16 July, EU4Energy launched another technical assistance project to contribute to the improvement of the legislative and regulatory environment of the Ukrainian gas market. The project will focus on assisting the National Commission for the State Regulation of Energy and Utilities of Ukraine (NEURC) in developing an improved natural gas distribution tariff methodology compliant with Directive 2009/73/EC. The updated draft methodology will be developed by the end of the year and will include an IT tool and an action plan for its implementation.
* The EU4Energy Initiative covers all EU support to improve energy supply, security and connectivity, as well as to promote energy efficiency and the use of renewables in the Eastern Partner countries Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. It does this by financing projects and programmes that help to reform energy markets and to reduce national energy dependence and consumption. Over the longer term, this makes energy supply more reliable, transparent and affordable, thus reducing energy poverty and energy bills for both citizens and the private sector.