Secretariat’s Dispute Resolution Centre brings results in gas transmission code dispute

26 September 2018

Following the first three mediation rounds under the Energy Community Secretariat’s Dispute Resolution and Negotiation Centre, the mediation process between the Ukrainian gas transmission system operator, Ukrtransgaz, and the Ukrainian National Energy and Utilities Regulatory Commission, NEURC, has brought the first results.

New amendments to the Gas Transmission Code improving provisions on financial guaranties, trade notification and transmission contract termination, which were the subject of the dispute between Ukrtransgaz and NEURC, were approved yesterday by NEURC.  The proposed solutions bring clarity, describe the relevant terms in sufficient detail and are compliant with the Energy Community acquis. The parties will reconvene in October, as several issues are still pending.

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