In implementing the
regional action plan, on 27th November, 2017, the representatives of
Baltic States’ and Finnish NRAs’ signed the guidelines for pricing of the services of natural gas
transmission.
In the short-term
period of 2019–2020, the pricing model for entry and exit points would be applicable
to the gas market of the Baltic States that includes Estonia, Latvia, and
Lithuania. In an effort to create equal competitive conditions to all the
suppliers in the region, the same entry tariffs would be applied to every entry
point in the region. In addition to that, the gas transmission system operators
(TSOs) are obligated to agree on the mechanism for Inter TSOs Compensation
within the region.
In the long-term
period, i.e. from 2020 and beyond, the same entry tariffs for transmission of
natural gas would be applicable to entry points in the entire Baltic-Finnish
region: they would be calculated by applying the most optimal methodology,
chosen from three alternatives (postage stamp; capacity weighted distance; and
matrix).
The legal and
methodological basis for short-term solution implementation should be prepared
and agreed till July 2018. The implementation of regional guidelines for pricing of the services of the
transmission of natural gas will allow to increase the liquidity of natural gas
trade in the region and create equal competitive conditions for suppliers
importing natural gas from different import sources, which should lead to
competitive pricing of natural gas for all the users in the region and would
allow more effective utilisation of the natural gas infrastructure in the
region.