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9 of April, 22:00

Yatsenyuk: the new law will deprive the oligarchs advantages in the gas market of Ukraine
The Ukrainian Law on natural gas market, initiated by the government and adopted on Thursday the Verkhovna Rada, will deprive the oligarchs of the right to free use of public gas distribution networks, said Prime Minister Arseniy Yatsenyuk.

yesterday voting Yatsenyuk appealed to the Parliament with a petition to adopt a Law on Thursday Rada voted for him. The law on electricity and natural gas provides for the right of use state the CTA only on a paid basis. So, companies-gas companies, some of which belongs to the business will now pay for their use. The lease or concession of gas distribution systems is not prohibited.

"The Parliament voted for one of the main laws in the energy market of the country. Ten years had not had the opportunity to vote, and, finally, today we have deliverately and demonopolisation the natural gas market in the country, " the Prime Minister said, according to the press service of the Cabinet.

Yatsenyuk reminded that, in practice, all of the gas distribution network in the country are state-owned, while " a few wealthy Residents free they are used ".

According to the law, the wholesale and retail gas markets will act the principle of free pricing, except for some cases. The law provides for the complete separation of the functions of supply, transportation and distribution. Thursday "Naftogaz of Ukraine" said that the new Law is a key document that sets out Ukraine's European norms defined in the 3rd energy package of the EU. First Deputy Minister of Finance of Ukraine Ihor Umansky has said that the adoption of this law is a condition of IMF and world Bank to resume lending. And the head of "Naftogaz" Andrey Kobelev said that this document will create the rules for the acquisition of gas to European companies on Ukraine's border with Russia.


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