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Cabinet says Naftogaz should unbundle gas pipeline system by year-end
Journal Staff Report

KYIV, June 12 – The Cabinet of Ministers has specified the conditions for unbundling the gas transmission system (GTS) from NJSC Naftogaz Ukrayiny using the ownership unbundling (OU) model and determined that after including the GTS operator into Naftogaz it must be unbundled no later than January 1, 2020, the term of expiration of the gas transit contract signed by Naftogaz and Russia's Gazprom.

This is outlined in the government resolution No. 485 dated June 5, 2019, which amends government resolution No. 496 dated July 1, 2016 approving the restructuring plan of Naftogaz in order to unbundle the GTS.




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