The National Commission for State Regulation in the Spheres of Energy and Public Utilities (NERC) has officially approved new licensing conditions for the provision of liquefied natural gas (LNG) installation services.
This is reported by Finway
Requirements for Operators and Licensing Features
The new rules apply to LNG installations with a total technical capacity exceeding 1 million cubic meters per year or 200 cubic meters per hour. From now on, to obtain a license, a clearly defined list of documents must be provided, as well as compliance with the requirements established by the regulator for conducting economic activities in this area.
An important condition is that the licensed company cannot be a gas extraction or gas supply organization. It must remain legally and organizationally independent from other types of activities in the natural gas market that are not related to the transportation or storage of this resource.
“The licensee must not be a gas extractor or gas supplier. It must also be legally and organizationally independent from other types of activities in the natural gas market that are not related to the transportation and storage of this resource.”
Changes in Tariffs and LNG Market Development
The decision was made at the NERC meeting on May 26. This approach is aimed at increasing transparency and competitiveness in the liquefied natural gas market, as well as ensuring the effective development of LNG infrastructure in Ukraine.
Earlier, NERC had already approved new tariffs for JSC “Ukrtransgaz” regarding storage, injection, and withdrawal services based on incentive multi-year regulation. These steps are aimed at further modernization of the Ukrainian natural gas market and attracting investment in the industry.