The South-East European Gas (SEEGAS) Initiative, launched by the Energy Community Secretariat in December 2020, is a response to stakeholders’ increasing interest to establish organized gas exchanges and improve cross-border trading.
The initiative aims to foster closer cooperation between national gas exchanges and TSOs in the region to enable further market opening, better services for traders and ultimately benefit end-consumers through increased competition in gas trading.
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Memorandum of Understanding
July 2021: Memorandum of Understanding
On 21 July 2021, a Memorandum of Understanding about trans-regional cooperation on the development of an integrated South-Eastern and Eastern European gas market was signed by the Energy Community Secretariat, energy exchanges and trading service providers BRM, UEEX, TGE, CEEGEX and ECG and transmission system operators Moldovatransgaz, GTSOU, FGSZ and GAZ-SYSTEM. The signatories aim to cooperate on the development of cross-border natural gas trading, e.g. on exchange platforms, and introduce transparent and competitive interregional market-based pricing mechanisms and efficient cross-border gas transmission and interoperability.
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Document Name Published on 19.07.2021- SEEGAS Report
December 2021: SEEGAS Report
Parallel to the 2nd Joint Steering Committee meeting, the Secretariat published its SEEGAS report with the title Introduciton to the SEEGAS Initiative and Gas Exchange Development in the Region.The report begins by providing an overview of the SEEGAS Initiative and summarizing its achievements to date. The second chapter outlines gas market and exchange developments in the SEEGAS participating countries, three Energy Community Contracting Parties (Georgia, Moldova and Ukraine), five EU Member States (Austria, Bulgaria, Greece, Hungary, Poland and Romania) and one Observer to the Energy Community (Turkey). All countries which are covered by this report are either in the process of establishing exchange traded gas markets or have such markets already in operation.
The SEEGAS report should not be considered as a regulatory report but rather as a collection of information compiled and developed by the Energy Community Secretariat based on the implementation report and on information submitted by key regional stakeholders and in close consultation with them.
- Public consultation
May 2021: public consultation
From 12 May 2021 to 30 June 2021, the EU Agency for the Cooperation of Energy Regulators (ACER) and the Energy Community Secretariat (ECS) carried out a joint public consultation regarding gas capacity availability and use on a number of interconnection points (IPs). The IPs concerned are located on the borders of the EU Member States and the Energy Community Contracting Parties and between the Energy Community Contracting Parties. By way of this consultation, ACER and the ECS aimed at gaining a firmer understanding of stakeholders’ views on best practices in pursuit of enhancing connectivity, optimal use of existing capacity, market integration, and competition.
