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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of June 4, 2014 No. 172

About urgent measures for reforming of management system Single gas-transport system of Ukraine

For the purpose of increase in level of energy security of the state and reduction of functioning of gas-transport system of Ukraine in compliance with requirements of the Directive 2009/73/EU (the third energy packet) the Cabinet of Ministers of Ukraine decides:

1. Agree with the offer of the Ministry of Energy and Coal Industry on creation of Trunk Gas Pipelines of Ukraine and Underground Gas Storages of Ukraine public joint stock companies which 100 percent of shares is in state-owned property of Ukraine.

2. To the Ministry of Energy and Coal Industry, Fund of state-owned property together with National joint stock company "Naftogaz Ukrainy", Ukrtransgaz public joint stock company:

develop drafts of charters of the joint-stock companies specified in Item 1 of this resolution and submit them for approval of the Cabinet of Ministers of Ukraine;

provide transfer to the specified joint-stock companies of the property used for ensuring transportation and storage of natural gas in the procedure established by the legislation is not subject to privatization and it is considered on balance of Ukrtransgaz public joint stock company.

3. To the Ministry of Energy and Coal Industry to take measures to the termination of accomplishment by National joint stock company "Naftogaz Ukrainy" of functions of the operator of the Single gas-transport system of Ukraine and their assignment on Ukrtransgaz public joint stock company.

4. To the Ministry of Energy and Coal Industry, Fund of state-owned property together with the National commission performing state regulation in the field of power National joint stock company "Naftogaz Ukrainy" to prepare the bill of modification of legal acts concerning functioning of the natural gas market in Ukraine, it is directed to accomplishment of the obligations undertaken by Ukraine according to the Law of Ukraine "About ratification of the Protocol on accession of Ukraine to the Constitutive treaty of Energy Community".

5. Recommend to National joint stock company "Naftogaz Ukrainy", to Ukrtransgaz public joint stock company instantly to take measures to reduction of contractual relations concerning transit of natural gas across the territory of Ukraine according to the agreement obligations undertaken by Ukraine about organization of Energy Community, in particular concerning requirements of the Directive 2009/73/EU (the third energy packet) about general rules of the domestic market of natural gas.

 Prime Minister of Ukraine

 A. P. Yatsenyuk

 

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