23.03.2020

The consultation of the mechanism of ensuring the financial neutrality of the TSO balancing actions

Gas Transmission Operator GAZ-SYSTEM S.A. invites all interested shareholders to participate in the consultations on the changes in  “The mechanism of ensuring the financial neutrality of the GAZ-SYSTEM S.A. balancing actions”.


Proposed modification  of “The Mechanism of ensuring the financial neutrality of the Gas Transmission Operator GAZ-SYSTEM S.A. balancing actions " aims to reduce the risk of GAZ-SYSTEM S.A and to protect the gas market participants and customers against entities that do not guarantee adequate stability and financial credibility, as well as protection against their incurring costs due to financial neutrality of balancing.

We invite all interested parties to become acquainted with the draft of "The mechanism of ensuring the financial neutrality of the Gas Transmission Operator GAZ-SYSTEM S.A. balancing actions".


The document  as well as  forms for reporting comments can be downloaded from the Market consultation section.


Comments should be sent by April 10, 2020, by sending completed forms to the e-mail address: ncbal@gaz-system.pl

 

GAZ-SYSTEM plays a strategic role in the Polish economy. We are responsible for natural gas transmission and operate the most important gas pipelines in Poland. As part of the 2015-2025 investment programme, GAZ-SYSTEM plans to build over 2000 km of new gas pipelines in western, southern and eastern parts of Poland. Further development of the national transmission network, including the construction of new gas pipelines making part of the North-South Gas Corridor, as well as the construction of interconnections with the neighbouring countries, will strengthen Poland’s energy security and make an important contribution to the development of the European transmission system.

The Company is implementing one of the most important infrastructural projects in Poland – the Baltic Pipe project, which consists in the construction of a bidirectional offshore gas pipeline connecting Poland and Denmark and the expansion of the local transmission network.

GAZ-SYSTEM also owns Polskie LNG, the operator of the President Lech Kaczyński's LNG Terminal in Świnoujście.

 


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