Zelensky Signed Law on Separation of Gas Transfer Operator 

The move puts Ukraine more aligned with EU law and regulations

uatv
09.12.2019

Photo from Ukrinform – UATV

 

President of Ukraine Volodymyr Zelensky removed the latest obstacle in Ukrainian regulation for the creation of an operator for the gas transportation system. This move makes the signing of the natural gas transit deal between the EU and Russia more possible.

Zelensky signed a law exempting the transfer of the Gas Transmission System of Ukraine from Naftogaz to the new owner from paying VAT — this law was the last step necessary to complete the process of unbundling the new operator of the Ukrainian natural gas pipeline system, the press service of the President’s Office reported.

“In addition, according to the document, provisionally, until January 1, 2021, an operation for the provision (transfer) and repayment of a loan of natural gas used to provide natural gas transportation activities through gas pipelines shall not be considered the supply of goods (services),” the President’s press office said in a statement.

On November 15, 2019, Zelensky signed a law separating natural gas transportation from its extraction and supply.

Source UATV
date 09.12.2019
categories Economics
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