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АЕRS: “YUGOROSGAZ-TRANSPORT“ AWARDED WITH INDEPENDENT NATURAL GAS SYSTEM OPERATOR CERTIFICATE

BELGRADE, Monday, December 12, 2016.

On the session held on December 12, 2016, in line with the Energy Law, the Council of the Energy Agency has adopted a Decision on Certification of the Limited Liability Company “Yugorosgaz-transport“, Niš as Independent Natural Gas System Operator.

AERS

Within 12 months, “Yugorosgaz-transport“, LLC is obliged to take all necessary actions with competent bodies of the Republic of Serbia in order to harmonise the Law on Ratification of the Agreement between the Federal Government of the Federal Republic of Yugoslavia and the Government of the Russian Federation on Cooperation on Construction of Gas Pipeline on the Territory of the Federal Republic of Yugoslavia, the Law on Ratification of the Treaty establishing the Energy Community and the Energy Law so as to harmonise its organisation and operations in a manner providing compliance with conditions concerning the independent system operator and to submit submit a ten-year transmission system development plan, programme for non-discriminatory behaviour and a legal act signed providing the financing of transmission system development.

In line with the commitments arising from the Treaty establishing the Energy Community, this Decision is submitted to the competent body of the Energy Community in order to provide an opinion on it. Upon the submission of the opinion, the Agency will adopt the final decision on certification and it will be published in the “Official Gazette of RS” and on AERS website along with the opinion of the competent Energy Community body.

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