21
Thu, Nov
45 New Articles

Amendments to the Regulation on Conditions of Delivery and Supply of Natural Gas

Amendments to the Regulation on Conditions of Delivery and Supply of Natural Gas

Serbia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

The government of the Republic of Serbia in its session held on 03 November 2023 adopted Regulation on amendments to the Regulation on conditions of delivery and supply of natural gas, published in the Official Gazette of the RS no. 97/2023.

Amendments to the regulation allow, as an exception, that natural gas transmission/distribution system operator may take over in system or deliver from system gas that deviates from the prescribed quality and chemical composition.

In order for this deviation to be allowed, it is necessary that the system operator submits a reasoned request to the Ministry of Energy specifying the isolated parts of the system, i.e., the entry and/or exit points on the system where the quality deviation will be applied, as well as the parameters of the quality and chemical composition of the natural gas.

If the Ministry of Energy accepts the system operator's request, it will issue an act determining the quality and chemical composition of natural gas that deviates from the prescribed quality, the places in the system where such gas can be taken over in or delivered from the system, and that act will be published in the Official Gazette of the RS.

The reason for adopting this amendment to the regulation lies in preparations for greater diversification of natural gas supply sources, which will be achieved with the imminent opening of the new Serbia-Bulgaria gas interconnector. According to the statements of the Ministry of Energy, it is expected that through this interconnector, the Republic of Serbia will be supplied with natural gas from Azerbaijan, which increases the security of supply to the Republic of Serbia, and which is one of the proclaimed goals of the Energy Development Strategy of the Republic of Serbia.

This amendment to the regulation will enter into force on 11 November 2023.

By Jelena Gazivoda, Senior Partner, Nikola Djordjevic, Partner, and Marko Mrdja, Senior Associate, JPM & Partners

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

Our Latest Issue