20.12.2012 PGNiG signs a new transmission agreement
Polskie Górnictwo Naftowe i Gazownictwo SA signed a PLN 3.5bn transmission agreement with OGP Gaz-System. It was signed following release of the new Transmission Grid Code, whose regulations were adjusted to the liberalised market.
The agreement was signed for an indefinite period, and is expected to come into force as of January 1st 2013.
The transmission services will be provided on the terms defined in the Transmission Grid Code, as approved by the President of URE. The agreement was executed based on a template agreement and reiterates the rights and obligations of PGNiG and Gaz-System under the transmission agreements currently in effect.
The agreement supersedes four transmission agreements between PGNiG and Gaz-System currently in operation, which will expire after it comes into force.