01 November, 2005
Development Minister Dimitris Sioufas submitted a draft bill in Parliament on Monday with which the institutional framework on the creation of a new deregulated natural gas market will be completed.
The bill addresses issues concerning the development of competition in the market, supply safety and the provision of utility services.
The main points of the new institutional framework on the natural gas market anticipate the gradual opening of the natural gas market, the activation of other suppliers, apart from DEPA S.A., in the country after a relevant license has been obtained, the establishment of an S.A. company under the title of "National Natural Gas System Manager S.A.", providing licenses on the construction, ownership, operation and exploitation of Independent Natural Gas Systems in accordance with objective and transparent criteria, access by users to the National Natural Gas Transportation System without discrimination and in a transparent way and accounting separation for procurement activities.
Sioufas also submitted in Parliament the bill on the introduction of biofuel and other renewable fuel in the Greek market. The use of biofuel is expected to contribute to a decrease in the country's dependence on oil.
Source: Athens News Agency