HVG Law LLP (the Netherlands) will provide law services to national joint-stock company Naftogaz Ukrainy related to the unbundling of the company and creation of a gas transport system (GTS) operator. According to a report in the ProZorro e-procurement system, the contract worth almost UAH 17 million (VAT included) was signed by the sides on December 27, 2018.
The expected cost of the services in the amount of UAH 65.522 million was reduced at the tender with nine bidders, which are international companies.
As reported, a legal analysis must be made for the compliance of the chosen method of separation of gas transportation activities with the requirements of the EU and Ukrainian legislation regarding the independence of the GTS operator.
The services also include providing advice and recommendations in the process of separating transportation activities in order to successfully certify the future operator in accordance with the requirements of the Third Energy Package and preparing necessary documents.
It is also the responsibility of the winner of the tender to provide recommendations on the best way to transfer to the future operator of the property, contracts, IT systems, permits and employees from the point of view of legal consequences for Naftogaz and the prospect of attracting a partner to the GTS management. In addition, the winner of the tender will participate in negotiations with potential partners of the GTS.
