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Ville Rahkonen

Development Manager, Natural Gas
tel. +358 40 719 9831
ville.rahkonen@gasum.com

Finland's new Natural Gas Market Act enters into force at the beginning of 2018, 18.12.2017

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Gasum published press release about Natural Gas Market Act 12.5.2017

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The Ministry of  Economic Affairs and Employment published press release about Natural Gas Market Act 24.8.2017

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08.08.2018  

Preparations for open gas market

Jaa:

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 is 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, November 29th 2017 and October 5th 2018 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. Preparations for open gas market will continue with workshops related to data exchance definitions during autumn 2018.