The Supervisory Board of JSC "Main Gas Pipelines of Ukraine" is working on measures to increase the participation of LLC "Gas TSO of Ukraine" in the Ukrainian Energy Exchange for the purchase and sale of gas to balance the gas transmission system.
To create the preconditions for LLC "Gas TSO of Ukraine" to enter the exchange and coordinate the actions of the Operator and the LLC "Ukrainian Energy Exchange", a number of meetings were held, and relevant documents were developed and agreed upon.
Since 19 January of this year, the LLC "Gas TSO of Ukraine" has participated in trading at the exchange for five days. According to the results of the bidding, more than 3.3 million cubic meters were purchased. These volumes are relatively small, but much higher than the volumes of previous attempts of LLC "Gas TSO of Ukraine" at the exchange.
In addition, the Supervisory Board instructed LLC "Gas TSO of Ukraine" to promptly prepare proposals for the Company's action plan for the heating season 2021-2022 to ensure the liquidity of the Operator and the ability to balance the GTS.
For its part, the JSC "MGU" Supervisory Board will continue to take the necessary steps to increase trading volumes of LLC "Gas TSO of Ukraine" in the exchange and encourages natural gas market participants to participate more actively in exchange trading.