Naftogaz announces bidding for investment and banking services regarding the unbundling and engagement of a partner for GTS operation

Naftogaz announces an open bidding for investment and banking services regarding the facilitation of gas transmission unbundling, including the engagement of a qualified partner to operate Ukraine’s GTS

Naftogaz announces an open bidding for investment and banking services regarding the facilitation of gas transmission unbundling, including the engagement of a qualified partner to operate Ukraine’s GTS.

The following key tasks shall be performed: assess risks related to the unbundling and provide recommendations on how to mitigate their impact; create conditions for successful selection of a qualified partner to operate the GTS; facilitate structuring relationships with major stakeholders (shareholders of the TSO and the customer, creditors, authorities, etc.); help prepare documents for the selection of a qualified partner, including drafting contest conditions and procedures as well as selection criteria; prepare a list of potential partners; develop key commercial conditions for the agreement with a qualified partner; structure the agreement; provide information and other necessary support for the engagement of a partner.

According to the Law “On the natural gas market”, results of the contest for selecting a qualified partner(s) to operate the Ukrainian GTS shall be approved by the Verkhovna Rada upon the submission by the Cabinet of Ministers of Ukraine. The contest conditions shall be prepared and approved by the CMU.

The expected value of the purchased services does not exceed USD 7.6 million.

According to the CMU Resolution #496 of 1 July 2016, the TSO shall be unbundled within 30 days starting from the effective date of the final decisions in the Stockholm arbitrations between Naftogaz and Gazprom. The engagement of a qualified partner to operate the GTS is a complex and multiphase process.

Bidding participants must prove the availability of material and technical resources, including offices in at least three EU countries, employees with relevant qualification and M&A experience in oil and gas industry in EU countries within the past five years, necessary certificates, and experience in carrying out similar agreements.

Tender proposals shall be submitted not later than 11:00 a.m. 02 October 2017.

For more information on the purchase conditions please visit the web-portal of Prozorro public e-procurement system: https://prozorro.gov.ua/tender/UA-2017-09-01-001547-c.

For the bidding procedure details please call (044) 586 3768 or e-mail to tvasilenko@naftogaz.com.

Corporate Communications Department
NJSC Naftogaz of Ukraine



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