ENTSOG GRIP BEMIP 2014-2023 / Main Report

Image courtesy of Amber Grid

LEGAL FRAMEWORK

Key legal acts and regulations governing Lithuania’s natural gas market: \\ The Law on Energy sets out guiding principles of energy policy and energy sector regulation. \\ The Law on Natural Gas sets out licensing requirements applicable to gas companies, main principles of gas sector regulation, development of gas systems, mandatory contingency reserves, consumer protection, etc. \\ On 30 June 2011, a new Law on Natural Gas was adopted, by which the applicable provisions of the EU Third Energy Package were transposed into Lithuania’s national legislation. The new Law on Natural Gas opted for the implementation of the natural gas transmission ownership unbundling. Pur­ suant to the Law on Implementation of the Law on Natural Gas of the Republic of Lithuania and Plan on Performing the Unbundling of Activities and Control of Natural Gas Companies that do not Conform to the Requirements of the Law on Natural Gas as approved by the Resolution of 28 October 2011 of the Government of the Republic of Lithuania the legal unbundling of transmission activity of AB Lietuvos Dujos was successfully accomplished by 31 July 2013, and a new entity, AB Amber Grid, was established on the basis of the assets, rights and obligations attributed to the natural gas transmission activity. It is only an intermediate step in the entire unbundling process, since in accord- ance with the Unbundling Plan, by 31 October 2014, also the ownership unbundling of the transmission activity will have to be implemented. \\ Methodology of the calculation of state regulated prices in natural gas sector sets out the principles of the calculation of gas transmission, distribution and re-gasification prices.

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