LEGAL FRAMEWORK OF THE GREEK NATURAL GAS MARKET

The Greek Natural gas market is regulated by Law 3428/2005 (Official Gazette A΄ 313 / 27.12.05), transposing the Directive 2003/55/EC.
Pursuant to the provisions of the aforesaid law, a TSO has been established (“Hellenic Gas Transmission System Operator SA” - DESFA) through the Presidential Decrees 33 and 34 (Official Gazette A΄ 31 / 20.02.2007).
The National Natural Gas System is operated by DESFA subject to the provisions of the Network Code, a draft version of which is available here.
Third party access to the National Natural Gas Transmission System during the transitional period, will follow the terms and provisions of Ministerial Decision No 1227 (Official Gazette Β΄ 135 / 05.02.2007), establishing the procedure for the conclusion and the contents of the standard transmission contract for the access and use of the Transmission System.
TPA tariffs have been determined by Ministerial Decision 4955/2006 following a proposal by RAE (see explanatory note and unofficial translation). A new tariff regulation shall be established pursuant to Law 3428/2005.

Posted by D.Shistohilis