Registration as a participant of the gas market in Ukraine
Cost of services
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What we offer
- Support the process of obtaining an EIC code needed to operate in the gas market;
- Support the signing of the agreement with the GTS Operator needed to obtain gas transportation services;
- Provide assistance in obtaining access to the І-platform;
- Advise on obtaining the shipper code;
- Advise and sign the agreement for gas storage in the “customs warehouse” regime;
- Prepare and submit all necessary documents for the company’s inclusion in the gas market.
- Support the process of accreditation at the Exchange, which is necessary for gas trading.
- Advise on issues related to the registration as a gas market participant.
Documents required
How to become a participant of the Gas Market of Ukraine?
Working with us guarantees you:
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All issues solved in one place, including obtaining any licenses or permits for the business;
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Properly developed website and staff training for further work in the electricity market;
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Understanding of all aspects of market functioning and the most profitable options for you.
The register as an gas market participant, the applicant must meet the following requirements:
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Obtain an Gas License;
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Get a VAT payer status for your company;
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Obtain EDS certificates for persons working on online platforms;
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Open an account with a special use regime;
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Execute or deposit a financial guarantee to the account of Ukrenergo, NPC.
Our company provides services for the registration of a company as an electricity market participant on a turnkey basis: from company registration, to obtaining the necessary license and inclusion in the market.
We also offer to buy a ready-made company with an Electricity Supply License for those who want to start their business within the shortest possible time.
Service packages offers
- Oral introductory consultation regarding the list of necessary actions and documents for registration as a participant in the gas market in Ukraine
- A formalized proposal for the optimal algorithm of actions in the Client's situation
- Answers to the previously provided questions of the Client regarding the timing and cost of providing the service
- Obtaining the EIS code of type X
- Preparation and submission of documents for the conclusion of a natural gas transportation contract, support for the conclusion of this contract
- Preparation of documents and conclusion of a contract for storage (injection, selection) of natural gas
- Preparation and uploading of documents to the online platform for accreditation at the Exchange
- Accreditation support at the Exchange
- Obtaining access to Exchange platforms
- Site developmentPreparation and submission of documents to NKREKP
- Obtaining a license
- Obtaining the EIS code of type X
- Preparation and submission of documents for the conclusion of a natural gas transportation contract, support for the conclusion of this contract
- Preparation of documents and conclusion of a contract for storage (injection, selection) of natural gas
- Preparation and uploading of documents to the online platform for accreditation at the Exchange
- Accreditation support at the Exchange
- Obtaining access to Exchange platforms
What is the cost of inclusion in the Ukrainian gas market?
The exact cost of inclusion in the electricity market is based on the total number of “Oblenergos” or Market Segments you intend to register in.
By separate arrangement, we also provide the following additional services:
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Registration of your company as a participant of electronic auctions on the Ukrainian Energy Exchange;
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Legal support during the preparation, submission of documents and signing of the agreement for participation in the day-ahead and intraday market;
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Consultation or legal support of the connection to the electricity distribution agreement with the local “OBLENERGO”.
The cost of services for registration as a participant of the electricity market does not cover:
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obtaining ob the digital electronic signatures for persons working on online platforms;
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execution of a bank guarantee;
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payment of obligatory payments to the Market Operator, SE.
You can choose the most useful package of services above. If you want to develop your own service package, please contact our specialists.
Legal advice on registering as a gas market participant
Registration as a gas market participant is a complicated process divided into several steps. If you want to understand all the nuances and have your questions answered, we recommend that you contact our lawyers for an introductory consultation.
At such consultation you will find out:
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What needs to be done once the company is connected to the gas market?
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Do I have to install additional equipment for the gas supply?
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Who do you need to conclude contracts with in order to start operations?
The introductory consultation is an opportunity to get to know the lawyer who will deal with your case and to agree with him on a step-by-step algorithm of actions. We are focused on ensuring that you can achieve your objective in the shortest possible time, so we explain everything in detail and in simple language, rather than simply quoting legislation.
The timeframe for inclusion in the gas market is about a month.
In the course of work there is always a need for additional costs associated, for example, with the receipt of electronic digital signatures, accreditation at the Ukrainian Energy Exchange, etc. The total amount of such costs is about UAH 5K.
Our experts can tell you the exact amount of legal services on registration as a gas market participant in Ukraine after clarifying all the details.
The procedure of joining the gas market includes a number of stages, such as:
- Signing of a Gas Transmission Agreement;
- Signing of a Gas Distribution Agreement;
- Accreditation at the Exchange.
Why us
We are ready to help you!
Contact us by mail [email protected] or by filling out the form:Our successful projects
Procedure for registration as a participant in the electricity market of Ukraine
In order to register as a participant in the electricity market, provided you already have a license, you will need to go through a number of registration steps:
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Obtaining the EIC code of type X, an identifying code in the electricity market which will be used to conclude any transaction;
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Signing an agreement with Ukrenergo. This will enable access to networks for the electricity, and payment will be set for such services;
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Connection to Oblenergo. You can connect to any number of Oblenergos in Ukraine. As a standard, we conduct the first connection and offer our Clients a clear instruction on how to connect to the following Oblenergos, at their discretion;
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Conclusion of the agreement with the Market Operator. This can be done simultaneously with the connection to the Oblenergo. To work with the Market Operator you need an account, which requires the preparation of a certain package of documents;
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Registration on the Ukrainian Energy Exchange. Registration is performed online on the website of the Ukrainian Energy Exchange. During registration, you will need to select the desired sections.
Please note! In fact, the electricity market consists of several separate markets, which are called segments. They operate independently, with their own rules and prices.
You can choose the desired market segments. For example, if you are going to make “short” deals – buying today and selling tomorrow – all it takes is to register in the day-ahead and intraday markets.
Stages of entering the natural gas market
In contrast to the electricity market, the Ukrainian gas market has fewer stages. However, they are somewhat more extensive.
Stage 1: Starting a company and obtaining the license. In order to obtain the license, you must meet a number of requirements, such as:
- To open bank accounts;
- To have premises for customer service;
- To develop a special website that will meet the licensing requirements and which is required to obtain a license.
Stage 2: Obtaining an EIC-code, the so-called identifier on the natural gas market. It can be compared to the identification code of a natural person.
Stage 3, in accordance with the Natural Gas Supply Regulations, is the signing of an agreement with the Gas Transmission System Operator (GTS Operator, LLC), which was established as a result of the previously mentioned unbundling.
After that, one can already think about supplying gas to actual consumers, but this is also the task of the gas transmission company. Although, if the GTS Operator is essentially a global gas transporter (through trunk pipelines), the Gas Distribution System Operators (the so-called Oblgaz) are local transporters by regions and cities, with whom it is also necessary to sign corresponding agreements on natural gas transportation.
The final stage will be the completion of a number of formal steps that are vital to the company, such as:
- Recruitment of appropriate staff;
- Work in the natural gas trading system;
- Signing of agreements with a supplier.
If you want to save time and money at all these stages, and perform them correctly and without excessive effort, don’t hesitate to contact us. We can help you at any stage of your business registration.
Answers to frequently asked questions
After passing all stages of gas market inclusion, you will get access to the electronic platform in the system of GTS Operator and the system of the Ukrainian Energy Exchange, where you will be able to select Clients and sign agreements with them electronically.
No, all you need for a successful operation from a technical point of view is a good computer and fast Internet.
No. After connecting to the system, we will give you basic information about working with the platform. Another part of the training information will be provided to you by the GTS Operator.
Besides the stages related to the GTS Operator, you’ll need to formalize correctly the company’s relations with Oblgaz and the Ukrainian Energy Exchange.
Our lawyers will create your business in the gas market on a turnkey basis - from obtaining a license to inclusion in the gas market and consulting.
We make solving legal issues simple.
If you want to become a participant of the gas market of Ukraine, as well as quickly and easily understand the subtle aspects of business activity, don’t hesitate to call us.
