New rules to be drawn up for open gas market
Finland's new Natural Gas Market Act enters into force at the beginning of 2018. In addition to the reformed Act, the market opening will also require rules and procedures agreed by the sector. Gasum is coordinating the gas market rules formulation process in cooperation with customers and other stakeholders.
Gasum organizes natural gas market reform by designing market rules with the customers, the Ministry of Economic Affairs and Employment, Energy Authority, Baltic Connector Oy and other stakeholders. The Government’s proposal for Finland’s new Natural Gas Market Act was approved by the parliament in summer 2017. According to the Finland's new Natural Gas Market Act, the Finnish gas market will be opened up as of the beginning of 2020.
Preparation of gas market rules will be done in working groups with customers, the Ministry of Economic Affairs and Employment, Energy Authority, Gasum, Baltic Connector Oy and other stakeholders.
Gasum has organized information events on the topic on May 15 and November 29th 2017 in Helsinki, Finland. The aim of the work is to prepare national rules for Natural Gas Market, that will enable a well-functioning, non-discriminatory and cost-effective national market.