The natural gas market is regulated by the Georgian Law on Electricity and Natural Gas and determines responsibility of all the bodies involved.
This law shall regulate relations and activities of sole entrepreneurs, physical persons and legal entities in the areas of natural gas supply, import, export, transportation, distribution and consumption, and shall ensure functioning and development of natural gas sectors in accordance with market economy principles.
Natural gas wholesale market is regulated by the Order (#114, 29/12/2006) of the Minister of Energy “On Approval of the Natural Gas Market Rules” (Annex 1).
The Rules determine technical, commercial and financial relations in the purchase and sale and transmission of natural gas, including reliability standards and the rules for preparing and implementing natural gas balances. The Rules regulate relations between natural gas suppliers, transmission and distribution licensees and direct consumers of natural gas.
The Rules are binding for all persons who purchase, sell, transport, supply, distribute and/or consume natural gas in the territory of Georgia.
The regulations defined in the Rules and contracts concluded in compliance with them are the basic legal documents for licensees, suppliers and direct consumers which establish their rights and obligations.
Transmission licensee’s obligations:
Supplier or natural gas sector licensee is authorized to terminate service in compliance with the legislation and the provisions of the Rules, if:
Supplier is obliged to:
Distribution licensee is obliged: