NJSC Naftogaz of Ukraine submitted their application for the tender of SoLR

The NJSC Naftogaz of Ukraine and its Gas Supply Company Naftogaz Trading LLC LLC GPC Naftogaz of Ukraine submitted documents for participation in the tender for the supplier of last resort (SoLR). The company announced this on their own Facebook page.

The parent (NJSC Naftogaz of Ukraine) and its subsidiary (Gas Supply Company Naftogaz Trading LLC) submitted two separate bid proposals for participation in the competition.

“A viable SoLR is an insurance for a consumer who, due to some force majeure, was left without a supplier... We have repeatedly proved that we are able to ensure uninterrupted natural gas supply in difficult situations, and our gas supply company is able to work effectively with Ukrainians,“ wrote the NJSC Naftogaz of Ukraine.

The SoLR must be licensed to supply natural gas. In addition, the company must have a sufficient amount of gas or funds to purchase gas in the amount not less than the maximum monthly volume of gas used by all consumers of Ukraine during the heating season 2019-2020, or 3.514 mcm.

10:20 / 9 July, 2020

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