Gas market liberalization comes into force August 1

It will weaken the monopoly of Polish Oil and Gas (PGNiG), which presently controls over 90% of the market. The document is a set of regulations which specifies the rules of gas transmission. It will liberalize the gas market and open it up to competition. From August 1, the clients of Gaz System will have to inform URE about their projected demand for gas. The information have to be accurate because exceeding the limit will result in penalties. Gaz System will be able to cover the deficit or accumulate the surpluses of gas up to 5% of the daily transmission. This reserve will be stored in rented depots. (Puls Biznesu, p. 5) M.M.