JPM Assists with Preparation of Serbia's Natural Gas Transmission System Network Code

JPM Assists with Preparation of Serbia's Natural Gas Transmission System Network Code

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JPM has helped Gastrans d.o.o. Novi Sad draft the Natural Gas Transmission System Network Code, which, with the consent of the Energy Agency of the Republic of Serbia, entered into force on May 30, 2020.

According to JPM, "this Network Code is the first transmission system network code in the Republic of Serbia aligned with the Energy Law of the Republic of Serbia, Final Exemption Act dated 5 March 2019 rendered by th Energy Agency of the Republic of Serbia and the Commission Regulation (EU) 2017/459 of 16 March 2017 establishing a network code on capacity allocation mechanisms in gas transmission systems and repealing Regulation (EU) No 984/2013 (CAM NC) and the Commission Regulation (EU) 2017/460 of 16 March 2017 establishing a network code on harmonised transmission tariff structures for gas."

JPM's team helped Gastrans d.o.o. Novi Sad draft the Network Code, assisted during the public consultation process, helped prepare the final draft, and with the adoption and consent-obtaining processes. The firm's team consisted of Senior Partner Jelena Gazivoda, Partner Nikola Dordevic, and Senior Associate Marko Mrda.