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NATURAL GAS MARKET
The Natural Gas Market Act that entered into force at the beginning of August 2000 has implemented Directive 98/30/EC of the European Parliament and of the Council of 22 June 1998 concerning common rules for the internal market in natural gas. The Directive allows Finland to deviate from the regulations concerning the deregulation of the natural gas market as long as the country has only one principal supplier of natural gas, because Finland has not been connected to the natural gas network of any other EU Member State.
Due to this, the Finnish natural gas market has not been deregulated in the literal sense of the word. Only the so-called secondary market in natural gas has been deregulated, and the deregulation concerns only parties that meet certain requirements. Users or retailers of natural gas, who purchase over five million cubic metres of natural gas per year, whose metering is based on remote reading and whose pricing has been agreed upon after the Natural Gas Market Act entered into force can participate in the operation of the secondary market. A special market place managed by Kaasupörssi Oy has been founded for trading in the secondary market.
The Energy Market Authority supervises compliance with the Natural Gas Market Act and promotes the operation of a competitive natural gas market.
Alahakemistot:
 Information on Natural Gas Market
Natural Gas Market Act
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