1. 2016 and beyond
Ukrtransgaz

2. TSO strategic role in gas market development
Provide transparent, non-discriminatory access to the infrastructure (GTS/UGS)
Facilitate cross-border trade to ensure diversification and security of supply
Offer services that meet clients’ needs
Minimize risk of the system and counterparty risk management
Facilitate trade

3. Gas market reform (2014-2015) New legislation New infrastructure
Gas Market Law
3EP secondary legislation
Capacity allocation (daily, monthly, quarterly, yearly)
Firm
Interruptible RF
Balancing
Interoperability and data exchange
Entry-Exit system with VTP and RAB-based tariffs
New corridors to SK, PL, HU
Increased capacities from SK

4. Diversification and security of supply
Eliminating critical dependence on a single supplier
2014
2015 RU EU
Russia’s share (2014 to 2015)
in gas imports: 74% to 37%
in consumption: 34% to 18%

5. Diversification and security of supply
Passed our first winter without purchasing gas from Russia

6. Plans for 2016 to support market development
Offer OBA and reverse flows (including backhaul) at IPs with Slovakia, Hungary, Poland and Romania
Further harmonization of secondary legislation and business rules with EU norms
Implementation of a new IT solution to automate nomination/allocation processes and introduce daily balancing
Offer new services to facilitate development of VTP and gas trade (OTC/Exchange)
Unbundling, TSO certification
Transparency requirements (715/2009, REMIT)

8. Future of the market

9. Ukraine West integration corridor

10. Trading region Description
The trading region consists of two or more neighboring gas markets that establish a cross-border balancing zone with a single (joint)
VTP, covering all transmission systems but maintain national end user balancing systems.
The main characteristics are:
an integrated balancing zone and entry-exit system including only transmission systems (cross-border trading zone),
separated national balancing zones for end user loads (end user zones),
end user managers which are in charge of physically balancing end user zones,
harmonized obligations for suppliers (e.g. licenses, minimum storage requirements, etc.).
The concept can be implemented fairly quickly because no cross-border alignment of end user balancing rules (and potentially also the underlying metering and allocation rules) is required.
Since end user balancing systems are not merged between gas markets, related synergies are left untapped (that could be tapped using the market merger concept).

11. Thank you!