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EU4Energy to focus on Georgia's gas market

Oil&Gas Materials 23 May 2020 17:06 (UTC +04:00)
EU4Energy to focus on Georgia's gas market

BAKU, Azerbaijan, May 23

By Tamilla Mammadova – Trend:

EU4Energy presents new country work programs from May through December 2020 for Ukraine, Georgia and the Republic of Moldova, Trend reports via the European Neighbors website.

As reported, in Georgia, the focus will be the gas market, which is currently underdeveloped, with just two suppliers operating. EU4Energy has helped to design an energy law for Georgia and drafted numerous legal secondary acts. In June, research will begin into the functioning of the gas market.

Renewable energies will also be considered, and assistance on drafting secondary legislation based on the recently adopted Law on Renewable Energy Sources will be provided.

"The main focus in Ukraine will be on oil stocks. The EU4Energy experts will be drafting so-called secondary legal acts, such as regulations, forms, manuals, and procedures, that will help Ukraine to manage sufficient oil stocks, thereby ensuring the security of the energy supply. This will also ensure that Ukraine meets its obligations under the Association Agreement," the report said.

In Moldova, the focus will be the electricity market, in particular smart metering. This will involve undertaking a gap analysis to define the country’s needs, before developing a roadmap and methodology that could allow for the introduction of smart meters. Renewable energies will be also considered and secondary legal acts will be developed to encourage the diversification of energy sources.

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