DESFA presented its proposals for the revision of the framework regulating access to the National Natural Gas System
Its proposals for the revision of the framework regulating access to the National Natural Gas System (NNGS) were presented by the Hellenic Gas Transmission System Operator (DESFA) at a workshop organized at the company’s Headquarters on Friday, October 13.
DESFA’s proposals were under Public Consultation by the Regulatory Authority for Energy (RAE) since August 8, 2017 (completion date: 15/9/2017). The purpose of this workshop was to discuss and clarify all the issues raised during the Public Consultation. Representatives of the registered companies in RAE’s Users’ Register and representatives from the Regulatory Authority of Energy attended the workshop.
During the workshop, the basic principles of the new balancing scheme, the revision of the entry/exit system along with the introduction of the Virtual Trading Point (VTP), the organization of the operational balancing, the new access arrangements for the Revithoussa LNG facility, as well as the proposed changes to Law 4001/2011 have been presented.
Mr. Sotirios Nikas, President and CEO of DESFA highlighted that “the Operator’s proposals aim to harmonize the national regulatory framework with the European regulations and to create a liquid gas market in the wider region for the benefit of consumers in terms of natural gas prices as well as security of supply. He also expressed the hope that developments in the natural gas market will soon lead to a new adaptation of the NNGS Management Code, incorporating the ability of Users to trade through a trading platform“. Mr Nikas also refered to the DESFA’s cooperation with the Athens Stock Exchange Market for the organization and operation of a wholesale gas market, as well as for the possibility of trading quantities among Users on a trading platform.